August 3, 2009
As more homeowners are having trouble selling their homes in today’s real estate market, some are thinking about becoming landlords. A growing number of homeowners who need to relocate for a job or other reason are renting out their homes …
July 29, 2009
Continental Risk of Lodi, Calif., is offering a market for commercial properties for 10 or more dwellings with no maximum number. Rental, seasonal, or vacant dwellings are acceptable. Coverages include: 1) building; 2) liability; 3) BPP; 4) BI/rental value including …
July 29, 2009
North Dakota, known for blizzards and floods, is getting sensors to check for earthquakes as part of a national project listening to what happens underground. The possibility of a big quake damaging the state is remote: Only a handful of …
July 27, 2009
IPC Holdings, the Bermuda catastrophe reinsurer that attracted interest from more than a dozen bidders, held out for a storm-proof agreement before agreeing to a sale to rival Validus Holdings The $1.65 billion cash-and-stock deal, still to be approved by …
July 27, 2009
The North Texas town of Cleburne has experienced seven minor earthquakes since early June, and State Farm Insurance is reminding residents that earthquake coverage can be added to their homeowners insurance policy. No damage or injuries have been reported in …
July 24, 2009
In an address to some 130 members of the Missouri Association of Insurance Agents (MAIA) Missouri Insurance Director John M. Huff made a strong argument that states, rather than the federal government, should continue to regulate the insurance industry, the …
July 16, 2009
According to catastrophe risk modeling firm AIR Worldwide, a major earthquake struck off the southwestern coast of New Zealand on Wednesday July 15 at 8:22 p.m. local time (9:22 a.m. UTC). The United States Geological Survey has issued a preliminary …
July 13, 2009
According to catastrophe risk modeling firm AIR Worldwide, at 7:19 p.m. local time (11:19 UTC) on Thursday, July 9, a moderate earthquake struck China’s southwest Yunnan province. The USGS issued a moment magnitude of 5.7 and focal depth was estimated …
July 10, 2009
San Diego, Calif.-based ICW Group Insurance Companies is now offering workers’ compensation insurance in Illinois. The ICW’s Illinois workers’ compensation office is led by Suzanne Lysak. Lysak has more than 16 years of experience in the workers’ compensation insurance industry, …
July 6, 2009
Donegal Group’s Strategy Has Taken It From Writing in One to 19 States in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow because they don’t have any stock …