Encino, Calif.-based NAS Insurance Services has expanded its regulatory business interruption (RBI) insurance to include healthcare and medical risks — hospitals, long-term care and public health departments — in addition to coverage offered to restaurants, food suppliers/vendors, hotels, schools and …
The exchange would allow underwriters to form syndicates to reinsure and insure unusual or very large exposures. N.Y.’s Dinallo Sees Insurance Exchange Open by 2009 New York Insurance Superintendent Eric Dinallo said a revival of the defunct New York Insurance …
Ruby Chan has joined the Needham, Mass.-based Provider Insurance Co. as director of Internet marketing. Chan has worked for Hewlett Packard and was one of the founding members of the Alta Vista search engine. She moved on to Staples.com launch …
New York City Mayor Michael Bloomberg endorsed dozens of procedural changes to improve fire safety and coordinate oversight at construction sites, responding to the failures that led to a fatal fire last summer at a ground zero skyscraper. The former …
Iowa Gov. Chet Culver said July 22 that state officials have identified $1.2 billion in flood damage that hasn’t been met by disaster aid, and he’s asking Congress to move quickly to provide more assistance. Culver pointed to the federal …
Total of 16 Cats Generate More Than 1.2 Million Claims; Average Claim Nearly $5,000 U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes …
A judge has set a preliminary trial date for lawsuits filed by families of eight of the nine Charleston, South Carolina firefighters killed in a June 2007 furniture store fire. Circuit Judge Markley Dennis on July 31 set a preliminary …
Australian investigators were focusing on the possibility that an oxygen cylinder could have exploded in mid-flight on the Qantas jumbo jet that made an emergency landing in the Philippines with a giant hole in its fuselage, officials said Sunday. Australia’s …
Iowa Gov. Chet Culver said July 22 that state officials have identified $1.2 billion in flood damage that hasn’t been met by disaster aid, and he’s asking Congress to move quickly to provide more assistance. Culver pointed to the federal …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double the number of catastrophes in the first …
