On a procedural budget vote, the U.S. Senate yesterday killed a proposed $140 billion private asbestos victims fund that has been years in the making. The final vote was 58 to 41, with 60 votes needed to keep it alive. …
Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million compared to $36.3 million in the fourth …
There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of bills are likely …
Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha state. Auto and homeowners insurance products will be provided …
Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha state. Auto and homeowners insurance products will be provided …
There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of bills are likely …
Federal officials say they will place the first tsunami-detecting buoys in the Atlantic Ocean this spring to give residents more time to escape the giant waves. The National Oceanic and Atmospheric Administration announced its plans last week as Norfolk marked …
Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, to allow it to begin offering homeowner’s and auto insurance to AAA Hawaii members. Auto and homeowners’ insurance products will be provided by the Interinsurance …
With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on pricing, property/casualty industry trade groups made political progress …
The National Weather Service has declared Hawaii the first state in the nation to be tsunami- and storm-ready. Only 23 communities in the nation are tsunami-ready, according to David L. Johnson, director of the service. Sen. Daniel Inouye, D-Hawaii, said …
