July 2, 2007
South Carolina has joined Maine, New Hampshire and other states as it formally rejected a federal mandate that sets new national driver’s license standards. Gov. Mark Sanford signed a bill into law that says the state will not participate in …
July 2, 2007
Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his successor is completed, a company spokesman told Insurance …
July 2, 2007
Racketeering “They willfully caused victims of Hurricane Katrina extreme emotional and financial distress in their calculated strategy to falsify and conceal evidence, intimidate anyone who got in their way, and used their privileged position to pressure policyholders into accepting pitiful …
July 2, 2007
Congress officially has a new bill to reauthorize the federal terrorism reinsurance program. Two Democrats from Massachusetts — U.S. Rep. Mike Capuano and the Chairman of the House Financial Services Committee Barney Frank — have introduced HR 2761, the Terrorism …
July 2, 2007
WTC fireproofing “One thing it does point out … is the absolute essential nature of fireproofing steel structures. This is something that wasn’t done originally in the World Trade Center when it was built. It wasn’t code at that time.” …
July 2, 2007
The rest of 2007 will continue to be a difficult time for developers and builders to secure builder’s risk insurance for their projects, at least in catastrophe prone regions. But outside of coastal areas and California earthquake issues builder’s risk …
July 2, 2007
So far London has averted two potentially lethal terrorist car bombings and Glasgow’s International airport barely missed being the site of a third. The spate of terror attacks, which to some extent had been expected, led newly installed Prime Minister …
July 2, 2007
Congress officially has a new bill to reauthorize the federal terrorism reinsurance program. Two Democrats from Massachusetts — U.S. Rep. Mike Capuano and the Chairman of the House Financial Services Committee Barney Frank — have introduced HR 2761, the Terrorism …
July 2, 2007
There is a border here between life and death. On one side are the bouquets and wreaths of fading flowers; balloons and ribbons and small American flags where the living remember nine fallen Charleston, South Carolina firefighters. Beyond the memorials …
July 2, 2007
New capacity enters the market, but terms and conditions not easy for many The rest of 2007 will continue to be a difficult time for developers and builders to secure builder’s risk insurance for their projects, at least in catastrophe …