United States News

Counties with Levees Are Some of the Nation’s Most Economically Sound, Report Says

Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods. Yet hardly anyone gives them a second thought until one is breached. The most glaring example is the wreckage that …

Tragedy in Haiti; XL Moves to Ireland; NYC Exchange Doesn’t Worry London; WEF Prepares for Davos

The tragedy in Haiti is a reminder of how fragile life can be in developing countries.Despite the massive loss of life and widespread destruction in and around the capital Port-au-Prince, vital rescue efforts have been hampered by a lack of …

SEC Order Keeps Some AIG Bailout Terms Sealed Until 2018

It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group because of an action taken last year by the Securities and Exchange Commission. In May, the SEC approved a …

People

Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines carrier. She specializes in casualty accounts, focusing …

Report: Counties with Levees Are Among the Nation’s Most Economically Sound

Flooding Costs Are Outweighed by Regional Economic Benefits There are hundreds of levees around the United States that protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second …

Levees Protect Some of Nation’s Key Economic Areas

Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …

Business Moves

U.S. Risk, Goss Re U.S. Risk Insurance Group Inc., based in Dallas, has expanded into the specialty reinsurance brokerage marketplace with Goss Reinsurance Brokers Inc. Goss Re will operate as a specialty reinsurance broker for medium to small insurance carriers, …

Report: Counties with Levees Are Among the Nation’s Most Economically Sound

Flooding Costs Are Outweighed by Regional Economic Benefits Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second thought until one …

People

Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …

Securities Lawsuit Filings Decline in 2009

What a difference a year makes. Just 12 months ago, the subprime and credit crisis litigation wave was in full spate, and the onslaught of Madoff and other Ponzi scheme lawsuits had just begun to surge. While both of those …