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Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …

Study: 1927 Mississippi Flood Would Cost Up To $160 Billion

A repeat of the 1927 Great Mississippi Flood, the largest flood disaster in U.S. history, could cost up to $160 billion in economic damages if it were to recur today, according to Risk Management Solutions, a Newark, Calif.-based catastrophe risk …

Senate Panel Advances Vehicle Backover Safety Bill

New vehicles would need to offer more safety features to address backovers and other potentially devastating accidents involving children under legislation approved this week by a Senate committee. Automakers would be required to address broad blind zones in large sport …

Mich. Meat Company Recalls 129,000 Pounds of Beef Products

A Michigan meat company is recalling 129,000 pounds of beef products because of possible E. coli contamination, the U.S. Department of Agriculture said. The meat products are made by Davis Creek Meats and Seafood and were made for Gordon Food …

Allstate CEO: Shift to Less Risky Business Will Take Years to Do

Allstate Corp. CEO Thomas Wilson said at the insurer’s annual meeting this week that the company’s shift away from catastrophe-prone areas and into products other than homeowners insurance will take years to complete. The first-year chief executive said the number …

On Eve of Hurricane Season, U.S. Mandates Safety Labels on Generators

Nine words could save lives this hurricane season: “Using a generator indoors can kill you in minutes.” That might seem obvious, but it’s not — each year dozens of Americans die because they don’t properly use portable electric generators. Stuck …

Candidate Obama Promises Universal Health Care by End of First Term

Democratic presidential hopeful Barack Obama, seeking support from labor union members in New Jersey, vowed this week to make health insurance available to all Americans by the end of his first term in the White House. “We can have universal …

Brown Smith Wallace Add Bowlan as Director of Marketing

Brown Smith Wallace LLC has hired Michael Bowlan as director of marketing. In his new position, Bowlan will oversee all branding, creative development and marketing strategy for the St. Louis-based firm. Brown Smith Wallace said that Bowlan has more than …

Insurers Call for Additional Reforms for Florida Consumers

A new Florida law enacted during a 2007 January special session provides immediate savings for homeowners by shifting potential payments for hurricane losses from the homeowners receiving the current policy benefits to future policyholders, motorists and business owners, according to …

Ill. Jury Awards $39.5 Million for 2001 Fire at Deere Warehouse

Two insurance companies providing coverage for Deere & Co. were awarded $39.5 million in a case stemming from a warehouse fire six years ago in Mount Joy. An eight-member jury decided in favor of Royal Indemnity and Federal Insurance after …