The Mississippi College Board gave the University of Southern Mississippi approval to spend $27.5 million to rebuild its Gulf Coast campuses devastated by Hurricane Katrina three years ago. The money will be a combination of insurance proceeds and federal reimbursements. …
A medical malpractice complaint filed this month in Sioux Falls seeks to challenge the constitutionality of South Dakota’s cap on non-economic damages. South Dakota limits the amount of such damages to $500,000. That includes what’s commonly thought of as pain …
Catherine J. Weatherford has been appointed president and CEO of NAVA Inc., the Association for Insured Retirement Solutions, effective Sept. 3. Weatherford previously served as executive vice president and CEO of the National Association of Insurance Commissioners (NAIC), a position …
Declarations “[W]ith Oklahoma City having a higher metropolitan population, I thought it would have been the other way around.” – Officer Craig Murray of the Tulsa Police Department. A recent report showed Oklahoma City drivers are less likely than Tulsa …
People think and act differently when they’re owners. They take more ability to shape the outcome of the company. Privately-owned companies can be more nimble in the marketplace, and this is very important today. [Warren Buffett] operates with a high …
W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley Regional Specialty. Acadia is a commercial property …
Tornadoes are usually classified using the Fujita Tornado Scale, or FScale developed by Dr. T. Theodore Fujita at the University of Chicago in 1971, CDS said. Using FScale classifications, the study looked at whether there was any correlation between tornado …
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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …
Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …
F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …
