A year after a refinery oil spill into floodwaters blanketed a third of this southeast Kansas town, little remains in the area that was damaged. The oil-drenched houses are gone, and only a few homeowners have rebuilt. About 1,000 displaced …
Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America, and the Pacific Rim, serving its property and casualty customers. While Chubb is today a worldwide …
Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver’s licenses despite also qualifying for full federal disability payments, and some of those drivers have suffered seizures, heart attacks or unconscious spells, according to a …
While a rural area to the northeast of Denver, Colo., tops the nation when it comes to metropolitan areas most prone to tornadoes, Texas leads the states in the average total number of tornadoes per year in the continental United …
Much has been written in the last six weeks about the 2008 Midwest Flood. Many are saying the devastation will rival the Great Flood of 1993, and that the crop damage will affect the food supply of this country. While …
Meadowbrook Insurance Group, Inc., a Southfield, Michigan-based specialty property/casualty insurance holding company, recently announced that Sheri Foster has been promoted to senior actuarial pricing analyst in the Kansas City branch office located in Overland Park, Kan. Paul Johnson, Meadowbrook vice …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double the number of catastrophes in the first …
Naming critical concerns regarding confidentiality and authority, the National Conference of Insurance Legislators (NCOIL) advised a slowdown of a market conduct annual statement (MCAS) proposal being considered by the National Association of Insurance Commissioners (NAIC). The NCOIL Executive and State-Federal …
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
Standard & Poor’s Ratings Services said it does not expect the 2008 Midwest floods to impact ratings or outlooks for the majority of companies that it rates. However, property/casualty writers that are geographically concentrated in the affected states, especially those …
