Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a matter of time, said the speakers, who forecast …
Insurance regulators from California, Florida, Illinois and New York, on the heels of the National Catastrophe Insurance Summit held in November, are peddling the framework for a national catastrophe insurance program that they say would protect U.S. taxpayers. Although the …
Greenberg Will Not Face Criminal Charges: Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney General Eliot Spitzer said …
Insurance regulators from California, Florida, Illinois and New York, on the heels of last month’s National Catastrophe Insurance Summit, are peddling a national catastrophe insurance program that they say would aid victims without burdening U.S. taxpayers. Although the details have …
CONNECTICUT Work-Related Deaths: The number of deaths in Connecticut due to work-related injuries increased by 50 percent last year, rising from 36 to 54, according to a state report. Connecticut is one of 27 states to have reported an increase …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, who forecast dramatic scenarios resulting …
Last month Congress had to bail out the Federal Emergency Management Agency with an $18.5 billion loan so the agency could settle flood insurance claims for this year’s unprecedented storms. This after FEMA simply stopped flood insurance payments because it …
Nearly a year after President Bush signed the Intelligence Reform and Terrorism Prevention Act, the trucking industry is seeking flexibility in the act’s regulatory implementation so that commercial drivers are not mandated to carry a passport, a trucking executive testified …
The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is a long way from being completed in the view of the leader of the nation’s largest agents association. William Stiglitz, …
