Long time Texas insurance agency executive James Peak Elbert, 72, of Galveston died suddenly on Oct. 11, 2009, at his home. Elbert was born in Pampa, Texas, on Feb. 5, 1937, and grew up in Lake Jackson. After working in …
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Chicago-based Starr Surplus Lines Insurance Company, a wholly owned subsidiary of Bermuda-based Starr Insurance & Reinsurance Limited and an indirect …
Pirates attempted to board two tankers in a busy shipping lane off southern Malaysia on Monday, a regional government security agency said. Five men tried to board Panama-registered tanker Pacific Harmony early on Monday near the southern Malaysian port of …
The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education & Research in 2006, and is now the …
Seaworthy Insurance Co., which began in 1989 offering specialized boat insurance products to Boat Owners Association of The United States (BoatU.S), has launched a new line of commissionable boat insurance policies sold exclusively through insurance agents and brokers. Now a …
Panama’s ruling party is unlikely to pass tighter tax legislation seen as key for the signing of a U.S. free-trade deal before President Martin Torrijos steps down on July 1, legislators said this week. A bilateral trade pact has been …
According to catastrophe risk modeling firm AIR Worldwide the U.S. Geological Survey (USGS) estimated that the earthquake, which struck Costa Rica last week, measured 6.1. The epicenter was located about 35 km (22 miles) northwest of the capital city, San …
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Bermuda-based Starr Insurance & Reinsurance Limited (SIRL), an indirect wholly owned subsidiary of Panama-based Starr International Company, Inc. (SICO), a …
Paying landowners to let forests grow is promoted by the United Nations as a viable way to fight global warming, but experts first have to puzzle out how to insure trees against going up in smoke. Under U.N. plans, owners …
On the morning of Sept. 1, Gustav’s eye made landfall on the Louisiana coast just shy of Category 3 status. Experts estimate Gustav caused about $8 billion to $10 billion in insured damage. On Aug. 29 as Hurricane Gustav headed …
