Fla. pols to lobby Washington for national catastrophe fund But U.S. Rep. Feeney warns some are ‘overly optimistic’ and it will be a tough sell in Washington After the Florida Legislature passed a bill that lawmakers say will address the …
Hurricane Katrina and the New Orleans Flood was a wakeup call to the nation on the vulnerability of the nation’s levee systems. So after completing its notification of levee owners, the U.S. Army Corps of Engineers has released the locations …
Hail events remain a constant threat to property and casualty insurers. In 2005 alone, there were over 13,000 hail storms in the United States. According to Swiss RE, four out of the top 20 most costly insurance losses of 2005 …
The violent thunderstorms in Central Florida in early February, spawned powerful tornadoes that killed at least 20 people is a deadly reminder of the constant threat insurers face against tornado exposures. Tornado-related losses account for 24.5 percent of insured catastrophe …
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CT: East Hartford CT: Torrington, East Branch CT: Torrington, West Branch CT: Waterbury-Watertown, Upper Naugatuck Dike DC: National Park Service, Washington, DC DC: Potomac Park Levee, Washington, DC DC: US Naval Air Station, Washington, DC KY: Maysville KY: Loyall / …
High-profile crackdowns on auto insurance fraud have resulted in dramatic savings for drivers in some Massachusetts communities. The statewide average premium is scheduled to drop by nearly 12 percent on April 1, but drivers in some communities where antifraud task …
The board charged with getting insurers to come up with low-cost health care plans is considering a proposal that would allow insurers to offer plans that don’t include prescription drug coverage. The goal is to produce health care plans that …
Massachusetts officials ordered Liberty Mutual Group this week to halt a direct mail advertising campaign and pay back drivers who may have lost money from what the state attorney general called the company’s “allegedly misleading” fliers. Attorney General Martha Coakley …
