The New England economy is expected to experience slow growth over the next six months as the region struggles with the broadening effects of the housing credit crisis and rising energy prices, according to Ross Gittell, James R. Carter Professor …
Two Kansas legislative leaders outlined a $17.5 million relief package Saturday, (Nov. 10) to help flood-stricken southeast Kansas and tornado-ravaged Greensburg, with money to encourage home building and tax breaks for businesses in the disaster areas. “We are trying to …
New York is considering having its residual market property insurance association offer surety bonds. Superintendent of Insurance Eric R. Dinallo said he will hold a public hearing to determine whether he will require the New York Property Insurance Underwriting Association …
“The world is changing at an exponential rate but this is not something we should fear. It is something that we should embrace and be prepared for,” Lloyd’s CEO Richard Ward told his audience at the Xchanging Conference in Brighton,yesterday, …
Insurance brokerage and consulting firm Rosenfeld Einstein is ranked third on South Carolina’s 20 Best Places to Work list, compiled by SC BIZ magazine and Best Companies Group of Harrisburg, Pennsylvania. The Best Places to Work in South Carolina program …
Europ Assistance has launched an ID Theft assistance service for its UK and Ireland based clients. The travel insurer, an independent division of Italy’s Generali Group, already covers “13 million customers of leading financial service organizations in the U.S.,” the …
Senators Hillary Clinton, D-N.Y., and Bill Nelson, D-Fla., have introduced the Homeowners’ Defense Act of 2007 to address the growing problem of the availability and affordability of natural disaster insurance, a proposal the Independent Insurance Agents & Brokers of America …
California Attorney General Edmund G. Brown Jr. has sued PacifiStaff, a Southern California corporation that trained construction companies to violate workers’ compensation laws by the use of “fake corporations with phantom executives.” The lawsuit comes on the heels of an …
The Louisiana Department of Labor has received a $10.5 million grant from the U.S. Department of Labor to assist 3,500 citizens in hurricane-affected parishes, the agency reported. LDOL requested the National Emergency Grant, which will allow the agency to continue …
After the terrorist attacks of Sept. 11, 2001, the market for commercial property and liability insurance in large urban areas was in turmoil, as reinsurance for terrorism became expensive and scarce. Congress responded in 2002 with a federal backstop — …
