November 22, 2010
As the UN climate summit in Cancun approaches, the insurance industry is preparing to present its case to the poiticians, business leaders and scientists, who will be attending. “As an insurer, we are the frontline industry to feel the heat …
November 16, 2010
State’s Attorneys of Madison, St. Clair and Monroe counties in Illinois and a host of other impacted parties have filed suit in federal court against the Federal Emergency Management Agency (FEMA) and its director Craig Fugate over new flood maps. …
November 16, 2010
Bob McBride Jr. was 18 when he pushed a flat-bottomed boat holding his family and neighbors through chest-high water to safety in Tangipahoa Parish. Nearly 30 years later, he and hundreds of others still are waiting for the state to …
November 15, 2010
In a white clapboard house on a quiet street in Berry Hill, a six-month marathon effort to save dozens of flood-damaged musical instruments remains a daily labor of love with the goal of salvaging Nashville’s best-known industry from near disaster. …
November 14, 2010
What to Know About Green Commercial Building Insurance Read the news lately and it feels like everything – from cars to grocery bags – has gone green. While recent events, such as 2009’s Copenhagen Climate Change Conference, have focused increased …
November 14, 2010
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
November 11, 2010
Equipment suppliers often have protection needs that extend beyond the scope of a traditional property policy. Whether a business rents tents and tables for special events, sells industrial machinery or leases high value medical equipment, protecting the equipment while it …
November 11, 2010
Aon Benfield announced that it is “advising re/insurers that rating agencies are likely to increase their scrutiny of catastrophe risk in Asia and that many companies will have to make substantial investments to address this.” The bulletin noted that the …
November 10, 2010
The city of Myrtle Beach is suing 11 hotels to make them remove their swimming pool enclosures. The Sun News of Myrtle Beach reported the federal suit filed last week contends the enclosures violate federal rules, risking the city’s coverage …
November 8, 2010
Kolbjorn and Solvi Rommesmo moved to the Heritage Hills subdivision along the Red River south of Fargo, N.D., because it was peaceful and close to nature. Recently, it became even more peaceful, as their neighbors left, one by one, until …