States get nearly five more years to verify identity, reissue licenses State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut the cost of those rules and provide …
22 The number of Mississippi lawsuits stemming from Hurricane Katrina damage settled by State Farm Fire and Casualty Co. The question was whether State Farm officials denied claims in areas hit by the storm surge without thorough investigations. State Farm …
Taking it Seriously “In view of Allstate’s ongoing, blatant disregard of our subpoenas, I have little choice but to take an action that will send a clear message about how seriously I am taking this issue.” —Florida Insurance Commissioner Kevin …
States have five more years to verify identity, reissue licenses; even so some states continue to refuse compliance State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut …
Washington State’s Kreidler believes now’s the time for the industry to face climate change Washington State Insurance Commissioner Mike Kreidler has proven adept at balancing the many demands placed upon state regulators, perhaps due in part to his background in …
FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the industry’s ability to compete is being jeopardized. European risk managers face the same …
Ian Bremmer, President of Eurasia Group, recently outlined the consulting company’s selection of the “top 9 ” particularly acute political risks around the world in the coming year. The report also listed a number of “Red Herrings,” i.e. “countries the …
Corvallis, Ore., has been named the “Number One Most Secure Place to Live in the U.S.,” according to a 2007 survey released by Farmers Insurance Group. The survey, divided into three groups, found that Corvallis ranked number one in the …
The Pakistan Cricket Board has taken out insurance cover to meet possible financial losses should Australia pull out of its scheduled tour starting March due to security fears. “We have insured the series with a company in Britain on a …
In its latest energy review, Willis warns that “sharp increases in the price of oil, steel, building materials and contractor day rates have resulted in significantly increased exposures to energy insurers.” Even though loss levels in the energy insurance sector …
