Gov. Arnold Schwarzenegger has asked the U.S. Secretary of Agriculture to designate Marin County, Calif., a disaster area because of freezing temperatures in mid-January. “Though the full effect of the freezing temperatures may not be realized until a later time, …
The Federal Deposit Insurance Corp. on Wednesday extended for one year a moratorium on considering nonfinancial companies’ applications to establish or acquire banks. The decision puts on hold pending applications from companies including Wal-Mart Stores Inc., Home Depot Inc., DaimlerChrysler …
With the Terrorism Risk Insurance Extension Act (TRIEA) set to expire in December 2007, experts are speculating whether Congress will renew TRIEA as is, scale back its provisions or scrap it altogether. This widespread debate is already starting to have …
Despite growing financial losses in various business sectors from climate change, over half of the nation’s 500 largest publicly traded companies are doing a poor job of disclosing climate change risks to their investors, according to a report analyzing climate …
A study commissioned by the Independent Insurance Agents of Texas (IIAT) shows that the economy of the entire state of Texas would be severely impacted if a Category 3-type hurricane were to hit heavily populated areas of the Texas Gulf …
Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and cajoling, they came to bipartisan agreement …
Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron criminal scandal? Perhaps it’s …
More than one first “I’m elated to begin my first full four-year term during Oklahoma’s centennial year. It is indeed an honor. Having restored integrity and public confidence to the office, I am committed to creating an environment where nearly …
A recent proclamation by California Insurance Commissioner Steve Poizner is allowing out-of-state insurance adjusters to be dispatched to California’s agricultural community to assist in the state of emergency resulting from January’s five days of freezing temperatures. The Commissioner said he …
Insurance emergency “During this state of emergency, I want to ensure that our farming communities avoid the red tape and get paid quickly so they can get back to the business of farming” — California Commissioner Steve Poizner, on proclaiming …
