Marine (Inland and Ocean) News

Location, Weather, Animals, Illnesses Make Insuring Movies Risky Business

Rating the degree of risk for a movie runs the gamut, says Wendy Diaz, directory of underwriting for Fireman’s Fund entertainment division. “It just depends on the film and the details of the film,” Diaz explained. The most risky film …

Game Plan For College and University Safety on the Road

Transporting student athletes to sporting events can pose great liability risk for schools When the NCAA Men’s Final Four made their way to San Antonio at the beginning of April, no doubt the players and coaches were thinking through last-minute …

Insurance Helps Fuel Energy Alternatives

Insurers introduce policies that protect fast-growing renewable energy producers and their investments With the steadily increasing costs of fossil fuels — both the monetary cost and the environmental impact — there has been more focus on the production of alternative …

AAA Study Pegs Cost of U.S. Traffic Crashes at $1,051 Per Person

Traffic crashes cost American motorists more than $160 billion a year while inflicting a staggering per-person toll on small cities such as Little Rock, Ark., Columbia, S.C., and Pensacola, Fla., according to an American Automobile Association (AAA) research report. The …

New Markets

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. Contractors Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services, Inc., is …

New Markets

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. Contractors Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services Inc., is …

Declarations

Long-Term Vision Needed “The nation needs to develop a new long-term vision for its highway system that would include improving conditions and safety and reducing traffic congestion.” —William M. Wilkins, executive director of TRIP, a national transportation research group. A …

Business Moves

Texas Farmers Insurance Company Texas Farmers Insurance Company filed a rate increase for its “Texas Family Home Policy” with the Texas Department of Insurance. The increase would impact 200,000 customers or approximately 35 percent of Farmers’ homeowners customers in the …

People

The Hartford’s Chief Financial Officer David M. Johnson plans to step down later this year. He has served as the company’s top financial officer since 2001, and will remain in the position until a successor is found. Before coming to …

States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking

Advocates acknowledge their argument is a hard sell politically but say it would be effective at curbing binge drinking More than two decades after the country established a uniform drinking age of 21, a nascent movement is afoot to allow …