United States News

Obama to Name Gulf Oil Spill Panel; BP Safety Record Faulted

President Barack Obama will create a presidential commission to probe the oil spill in the Gulf of Mexico and energy giant BP said Monday it had “turned the corner” in its efforts to contain it. London-based BP Plc said its …

Business Moves

Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system to combine insurance and tax preparation under one roof, announced it has opened 20 new locations during the past 90 days. The company’s unprecedented growth phase has increased its …

Sources Indicate U.N. to Pick Costa Rica’s Figueres as New Climate Chief

Veteran Costa Rican climate diplomat Christiana Figueres is set to be appointed as the new United Nations climate chief, sources familiar with the matter said on Monday. The sources said U.N. Secretary-General Ban Ki-moon had chosen Figueres over former South …

Business Moves

Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system that combines insurance and tax preparation under one roof, recently opened 20 new offices in various locations, increasing its presence to more than 60 open locations throughout the United …

Ratings Recap: Zenith, BancInsure, First Chicago, Town & Country, Rural Community

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Zenith National Insurance Group and its members, Zenith Insurance Company and its wholly owned subsidiary, ZNAT Insurance Company. Best …

Beyond the Flood Zone: Storm Surge Report Shows Coastal Vulnerabilities

Homeowners can mitigate against wind damage, but they’re powerless, really, to do anything against storm surge,” said one researcher whose job it is to develop ways to determine the vulnerability of homes and other properties not only to storm surge, …

Economic Issues Challenge Effective Fire Protection

Since their inception in the days of Ben Franklin, our nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. Yet, the profound impact of the current and historic economic recession, in addition to existing …

Trains, Ships and Trucks

Maritime Law May Limit Compensation for Cargo Damages During the Inland Transportation Part of a Journey That Originated Overseas. In disputes regarding damage to cargo transported over land and water, it is important for agents that are placing insurance to …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Allied Health and Medical Pros Market Detail: CRES Insurance Services MedSurance A&M is an insurance …

The Competitive Advantage: Opportunity Knocks

Coverage, Underwriting Knowledge Have Become More Powerful Tools in Today’s Market When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable …