Government News

University of Kansas Student Receives Insurance Settlement Scholarship

Kansas Insurance Commissioner Sandy Praeger has awarded a $1,000 scholarship to a University of Kansas minority student as part of a program established by an insurance company’s discrimination suit settlement. Danyel L. Bell, a senior accounting major at the KU …

Calif. Insurers Encouraged to ‘Go Green’

Insurers have new incentives to go green, thanks to a new law signed by California Gov. Arnold Schwarzenegger. AB 1011, authored by Assembly Dave Jones, who is running for Insurance Commissioner, requires the state Department of Insurance to collect data …

Competing Locally on the World Wide Web

SAN DIEGO – (October 5, 2010) – Unless you are a recent college graduate (or younger!) you undoubtedly remember life before the internet made its debut roughly 15 years ago. Statistics reflect the astonishing rate of its adoption in the …

US State Dept. Warns Americans to be Vigilant When in Europe

The Obama administration on Sunday warned Americans of potential terrorist threats in Europe and urged them to be vigilant in public places, including tourist spots and transportation hubs. A State Department travel alert advises U.S. citizens living or traveling in …

AIA Warns Failed Prudential UK Deal Could Impact Business

AIA Group Ltd, which aims to raise about $15 billion through a Hong Kong listing, flagged a series of business risks including the collapsed bid from Prudential Plc as it launched the share offering on Tuesday. AIA, the Asian life …

Florida Weighs 8.3% Workers’ Compensation Rate Increase Today

Workers’ compensation insurers in Florida will be asked to explain their request for an average 8.3 percent rate hike today before the Florida Office of Insurance Regulation (OIR). The OIR is holding a public hearing on a filing made by …

China Says Climate Talks Must Tackle Rich Nations CO2 Cuts

Greenhouse gas cuts vowed by rich nations remain far from enough to escape dangerous global warming, a top Chinese climate official said on Tuesday, urging talks over a new climate change pact to confront the shortfall. China is the world’s …

Lower Corporate Taxes Could Help Preserve London’s Competitiveness

The City of London is just emerging from the recession brought on by the financial crisis, but it’s “clear there are numerous challenges ahead if it is to retain its global importance as a center for financial services,” warns Lloyd’s. …

Flood News

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 …

Fight Over Gulf Oil Disaster Liability Heats Up

Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to e-mails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico …