A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …
Alterra Capital Holdings Limited has renamed Max Specialty Insurance Co. as Alterra Excess & Surplus Insurance Co. This is part of an overall rebranding of Alterra following the May 2010 merger of Max Capital and Harbor Point to form Alterra. …
IronPro, the professional liability division of Ironshore Inc. has introduced Enterprise PrivaProtector 9.0 to assist businesses in managing their network security and privacy risks. In 2010, the Identity Theft Resource Center reported 533 privacy breaches involving over 13 million personal …
Highway Deaths Lowest Since 1950 Highway deaths fell to 33,808 in the United States for the year 2009, the lowest number since 1950. The decline in traffic fatalities occurred even while estimated vehicle miles traveled in 2009 increased by 0.2 …
Hurricane Igor has weakened a little, but still remains a large and powerful hurricane, the National Hurricane Center reported this morning. The hurricane was about 1,000 miles southeast of Bermuda. It was moving at about 10 mph and has sustained …
Tropical Storm Julia grew in the far eastern Atlantic into the fifth hurricane of the storm season, while Hurricane Igor weakened slightly but remained a dangerous Category 4 storm, forecasters said on Tuesday. Neither hurricane posed an immediate threat to …
Property/casualty insurers now have access to two standardized watercraft coverage programs for the cost of one. The American Association of Insurance Services (AAIS) has released revised forms and new manual rules and loss cost rating information for insuring privately owned …
Highway deaths fell to 33,808 in the U.S. for the year 2009, the lowest number since 1950. The decline in traffic fatalities occurred even while estimated vehicle miles traveled in 2009 increased by 0.2 percent over 2008 levels, according to …
Tropical Storm Hermine slammed into northeastern Mexico near the Texas border Monday, dumping heavy rain on a region still recovering from Hurricane Alex’s visit in June. Hermine, the eighth named storm of the Atlantic hurricane season, was expected to weaken …
Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …
