United States News

Medical Benefits Biggest Cost in Calif. Workers’ Comp System

The sagging economy took a toll on California’s covered work force and payroll in 2008, but the California workers’ compensation system remains the largest in the United States, accounting for more than 1 out of 9 covered workers, more than …

Michigan County Hopes Insurer-Gifted Dog Sniffs Out Arsonists

With big, liquid brown eyes and a mouth that seemed to stretch into a smile, Gunner has the look of a family pet ready to run after a stick and curl up at the foot of a bed. But while …

Tennessee Warned to Take Earthquake Threat Seriously

Cities and states have improved their disaster readiness since the Sept. 11 attacks and Hurricane Katrina, but authorities must keep stressing emergency preparedness to reduce complacency among the general public, retired Army Lt. Gen. Russel Honore said in Memphis Friday. …

Independent Agencies Named for ‘Best Practices’ Study

Some 224 independent insurance agencies from across the country have been selected for the for the Independent Insurance Agents & Brokers of America’s (the Big “I”) 2010 Best Practices Study. Once every three years, the nation’s largest agent association asks …

MarketScout Wholesale Establishes Operations in New Orleans

Carol Davis has joined MarketScout Wholesale (MSW) as a broker, heading its New Orleans branch. Davis worked with Crump Insurance for 17 years working on both wholesale brokerage and underwriting for in-house facilities prior to joining MarketScout Wholesale. MSW is …

Arkansas Cracking Down on Counterfeit Insurance Cards

Eight of nine individuals alleged to have produced, bought, or sold counterfeit proof of insurance cards for motor vehicles have turned themselves in as the result of warrants executed by the Arkansas Insurance Department. The charges were filed as a …

Report: U.S. West Coast Not Prepared for Tsunami

A report from the National Academies of Science says the West Coast of the United States remains ill-prepared for a tsunami. The seismologist who led the review of tsunami preparedness says an earthquake on the offshore fault called the subduction …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been rezoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into a zone …

House Expected to Go Along with 1 Year Flood Insurance Extension

Congress is on track to temporarily extend within days a troubled program that insures millions of U.S. homes and businesses against floods, with another push for a broad overhaul looking likely next year. The Senate on Tuesday approved an extension …

Bank of Montreal Eyes U.S., China Acquisitions for Insurance Group

Bank of Montreal is on the hunt for acquisitions in the United States and China to expand its wealth management operations, while it sees growth in Canada coming from established operations, one of BMO’s top executives said Wednesday. Canada’s No. …