Property owners fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, according to a …
Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …
Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger …
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. Speaker and Entertainer No-Show, Cancellation Coverage Market Detail: HCC Specialty Underwriters can provide coverage for …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the P/C group, Horace Mann Insurance Group, its members and the life/health insurance company, Horace Mann Life Insurance Company. …
Tornados and thunderstorms that swept through the Midwest over the weekend killed at least four people in Ohio, sent several to hospitals, destroyed 50 homes and damaged scores more, as well a high school gymnasium where graduation was to be …
Put down the cell phone and step away from the car. Georgia drivers soon will be banned from texting, checking e-mail or using the Internet behind the wheel and teens will be prohibited from using their cell phones at all …
New York insurance regulators have handed out some sizable fines in the last several months, according to a new report, including a $360,000 fine for a large national insurer that overcharged auto insurance customers over several years. Clarendon National Insurance …
Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …
The number of hail loss claims filed with insurers increased by 61 percent, from 256,000 in 2006 to over 413,000 in 2009. At the same time, the number of claims referred for suspected fraud increased by 136 percent, from 301 …
