February 15, 2008
A fire that sent gamblers fleeing from the Monte Carlo hotel-casino on the Las Vegas Strip in January will cost close to $100 million in repairs and lost business, casino operator MGM Mirage Inc. said. The company has insurance, but …
February 14, 2008
Lloyd’s plans to expand in Brazil and is in the process of making a formal application to be an admitted reinsurer in the country. Its first representative office will be in Rio de Janeiro. Lloyd’s Chairman, Lord Levene, noted the …
February 13, 2008
Pa. Gov. Edward G. Rendell announced a 10.22 percent average decrease in workers compensation insurance costs, a move that he said will result in $250 million in savings for employers in the state. The move follows December filings by the …
February 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Private and Parochial Schools Nuts & Bolts: Francis L. Dean & Associates of Colorado is …
February 10, 2008
The risks of remote workplaces Americans’ houses have increasingly become a hodgepodge between a home and an office. It’s believed that there are more people working out of their homes now than at any time in history. And experts say …
February 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Health Club Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing …
February 10, 2008
214 Million Some statistics from the Society of American Florists worth noting for Valentine’s Day: The estimated number of roses produced for Valentine’s Day in 2007 is 214 million. Valentine’s Day floral purchases by gender: 63 percent are made by …
February 10, 2008
U.S. District Judge Stanwood Duval recently dismissed a lawsuit against the U.S. Corps of Engineers over levee failures in New Orleans following Hurricane Katrina in 2005. Duval ruled the Corps had immunity from the lawsuit, not because he didn’t believe …
February 8, 2008
Uncertain economic times prompt many small business owners to look for ways to cut costs. There are obvious ones, like buying energy-efficient light bulbs and forgoing national brands for the store’s own label when buying office supplies. But many owners …
February 8, 2008
Turmoil in the bond insurance industry does pose a risk to banks and the broader markets, but the risk to the nation’s largest banks may only be modest, according to letters from federal and state financial regulators to a U.S. …