The Mississippi Insurance Department’s wind mitigation program has been awarded a $1 million grant from the Mississippi Development Authority and Governor Haley Barbour’s office. Insurance Commissioner Mike Chaney said the grant will be used to fund a hurricane home mitigation …
Munich Re’s Webinar on Thursday – 2008 Natural Catastrophes – presented a detailed analysis of the increasing number of weather related events that concern both primary carriers and reinsurers. It also gave preeminent insurance guru, Dr. Robert P. Hartwig, president …
With the current state of the economy, more home insurance customers are turning to insurance companies who offer bundling, home security and home safety discounts to outweigh the rising cost of homeowners insurance, according to HomeInsurance.com. Home insurance rates have …
Montana’s recreation businesses said it needs better protection from lawsuits because of high insurance costs. The House Judiciary Committee is considering a bill that would limit the liability of the businesses, and shift it onto the shoulders of thrill-seekers involved …
Several people remarked that the presentation of the Global Risk Network’s analysis of the biggest risks facing the world in 2009 was unusually well attended – a sign perhaps that in the current economic crisis the word and the meaning …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of South Korea’s Samsung Fire & Marine Insurance Co., Ltd. (Samsung F&M), with stable outlooks “The ratings reflect Samsung F&M’s strong and …
Harry Truman might have said it, Bill Clinton did quote it and George Bush, Sr. said he didn’t need the advice because he already had First Lady Barbara Bush but it simply goes like this: “If you want a friend …
Business groups want to halt efforts to adopt mandatory workplace ergonomics standards in Michigan. Commissions set up by state regulators are scheduled to take preliminary but key votes on potential rules next week. A coalition including the National Federation of …
International insurance insurer Hiscox has appointed Jim Whetstone as senior vice president for Global Errors and Omissions (E&O) in the Global Markets area. He is based in Hiscox’s Chicago office. In this capacity, Whetstone will be underwriting Hiscox technology and …
A clear majority of Americans believe government regulation of business should be increased, a new poll showed Wednesday. The poll, conducted by Public Strategies Inc. and the Politico news organization, found that more than seven in 10 Americans think U.S. …
