July 27, 2010
Iran said on Monday it was ready to return to talks on a nuclear fuel swap, a surprise that came shortly after the European Union agreed tougher sanctions, including a block on oil and gas investment. EU foreign ministers approved …
July 26, 2010
Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic turmoil. Sorrel’s agency, Texas Insurance & Financial Services …
July 23, 2010
The U.S. Army Corps of Engineers has concluded its actions during the May floods reduced the Cumberland River’s flood crest in Nashville by 5 feet, but the agency suffered numerous communications problems during the crisis, according to a report released …
July 22, 2010
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed over the last couple years as the economy has forced the closure of many …
July 22, 2010
Seventeen new captive insurers formed in Vermont through the first half of the year, a rate that puts the state on pace to have one of the best years in its history in terms of new captives. Last year the …
July 21, 2010
The Wisconsin Supreme Court has decided that the state’s taking of $200 million from the Wisconsin’s Injured Patients and Families Compensation Fund (IPFCF) to help balance the general budget was unconstitutional. The state must now pay back the full amount …
July 21, 2010
President Barack Obama on Wednesday signed a sweeping overhaul of the financial regulatory system. The “Dodd-Frank Wall Street Reform and Consumer Protection Act,” drafted in response to the recent financial crisis, makes significant changes to financial services regulation. The 2,300-page …
July 20, 2010
The New York-based Navigators Group announced that its wholly-owned syndicate, Navigators Syndicate 1221 at Lloyd’s of London, is co-locating with Lloyd’s in Rio de Janeiro by appointing a local representative. Lloyd’s has Admitted Reinsurer status in Brazil and had its …
July 20, 2010
In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do: The tally …
July 19, 2010
Turns in the Road Include Recession, Court Rulings, Safety Initiatives, Coverage Forms The year 2010 might be considered revolutionary in the trucking insurance field, as it is ushering in more changes than those who provide insurance for truckers have seen …