October 4, 2010
Eight of nine individuals alleged to have produced, bought or sold counterfeit proof of insurance cards for motor vehicles have turned themselves in as the result of warrants executed by the Arkansas Insurance Department. The charges were filed as part …
October 4, 2010
Bermuda-based Allied World Assurance Company Holdings, Ltd announced that its Board of Directors has unanimously approved a plan for the group holding company to redomesticate its place of incorporation from Bermuda to Switzerland. The bulletin said that “holders of Allied …
October 4, 2010
In Pascagoula, Miss., on the Gulf Coast, agent Laverne Nelson has to get windstorm coverage for her personal property from the state wind pool. That is because in April her property insurer, MetLife Property & Casualty, dropped her wind coverage. …
October 4, 2010
Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into a zone …
October 4, 2010
The U.N. climate change chief urged governments on Monday to make real steps towards a new treaty to fight global warming or risk throwing negotiations into doubt. Negotiators are meeting in the northern Chinese port city of Tianjin to try …
October 4, 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 4, 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 4, 2010
Two years after her 18-year-old daughter died from a rare genetic condition during plastic surgery, Joanne Kuleba can talk about her without crying. The devastating sadness has been replaced by new emotions: Anger. Frustration. Determination. While she has settled a …
October 4, 2010
Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The …
October 4, 2010
Insurance agents and brokers want the California State Compensation Insurance Fund to change its broker of service policy and instead recognize broker of record (BOR) letters. While the policy not to recognize BOR letters is not new, the Alliance of …