October 19, 2010
Aon Benfield launched a market update for the key Asia Pacific reinsurance hubs of Australia/New Zealand, Japan, Singapore and China at the recently concluded East Asian Insurance Congress (EAIC) in Bali. The announcement gave the following details for each of …
October 19, 2010
A federal jury has awarded more than $650,000 to two Ohio tourists who were arrested in New Orleans, La., on public drunkenness charges two days before Hurricane Katrina and jailed for more than a month in the storm’s chaotic aftermath. …
October 18, 2010
The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in the United States have been rezoned on Federal …
October 18, 2010
The good news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. The bad news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. It’s good news because …
October 18, 2010
Unlike many voters, the hundreds and thousands of independent insurance agents and brokers in California know the November 2 election will be a pivotal one. After all, on that day, Californians will select a new insurance commissioner, charged with regulating …
October 18, 2010
1. Flood Coverage Flood coverage is NOT included in the Commercial Property Package (CPP). 2. Vacant v. Unoccupied “Vacant” and “unoccupied” are not synonymous in the CPP. A building or unit can be “unoccupied” without being “vacant.” If it’s not …
October 18, 2010
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. Roofers Market Detail: Leo Risk Services, a regional wholesale broker, has markets for roofing contractors …
October 15, 2010
A developer is trying a last-ditch effort to save the flood-damaged Czech Village neighborhood in Cedar Rapids, Iowa. A survey determined there were 21 of the 150 or so homes damaged in 2008 that could be eligible for the National …
October 13, 2010
U.S. Supreme Court justices admitted Tuesday that they were confused by a 1986 law that seeks to make sure that vaccine makers do not exit the business for fear of lawsuits, while ensuring that children hurt by vaccines are compensated. …
October 8, 2010
Asia’s death toll from vicious rains spiked Thursday to nearly 140 as disaster officials reached previously isolated areas in Vietnam, while the worst flooding in parts of southern China in nearly a half-century forced 130,000 villagers to evacuate. Security forces …