February 13, 2009
With memories of the 1997 floods still fresh, North Dakota officials are planning for significant flooding in the Devils Lake region and the Red River Valley after months of heavy rainfall and snow. Sen. Byron Dorgan, D-N.D., convened a hearing …
February 11, 2009
A century ago, at the dawn of food safety laws, inspection amounted to little more than opening a bin of flour and looking for something wiggly. It’s a different story now. Solving the case of the poison processed peanuts took …
February 8, 2009
GAO compared the number of NFIP policies in a given area, as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, and …
February 8, 2009
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
February 8, 2009
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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
February 6, 2009
Lawmakers vowed this week to press for stronger food safety laws and more money for inspections as the list of recalled peanut products surpassed 1,000 in an ongoing national salmonella outbreak. “There is an openness to putting together the strongest …
February 4, 2009
A.M. Best Co. has placed the issuer credit rating (ICR) of “bbb-” of Cayman Islands-based Ironshore Inc. and the ICR of “a-” and financial strength rating of ‘A-‘ (Excellent) of its operating subsidiaries under review with negative implications. The operating …
February 4, 2009
The Minnesota Senate has given preliminary approval to a bill that would keep records about the Interstate 35W bridge victim compensation fund under wraps. The bill would keep the records out of court proceedings and members of the compensation panel …
February 3, 2009
Fireman’s Fund Insurance Co. is now offering ‘green’ homeowner’s insurance to consumers in the state of Minnesota. This is the first-ever admitted green insurance available to homeowners in the state, according to the company. Fireman’s Fund customers may purchase the …
January 29, 2009
Kansas City-based UMB Financial Corp. reported that Roger Forystek has joined the company as president of its insurance subsidiary, UMB Insurance. He will be responsible for overseeing the insurance company and managing growth of insurance sales and distribution. Forystek has …