September 28, 2010
Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has expanded its Abacus Online Builder’s Risk program. With the addition of an “A” rated, size XV–admitted carrier, the program is now available …
September 27, 2010
Liberty Mutual Agency Markets said that its agents can now use one of two commercial lines service centers to help with a range of services for policyholders. The centers – located in Ohio and Washington — will work with roughly …
September 24, 2010
U.S. health insurers should be able to exclude most federal taxes, but not all, in calculating spending rates to meet new healthcare law requirements, an insurance advisory group has proposed. Under a draft plan released Thursday, insurers would be allowed …
September 24, 2010
Red-light cameras — recent additions at many Washington intersections — make drivers more cautious in pushing the limits of yellow lights, according to a recent poll. In a survey conducted by PEMCO Insurance, 55 percent of drivers said the cameras …
September 23, 2010
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 …
September 23, 2010
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 …
September 23, 2010
Nearly 98 percent of motorists in Washington are using their seat belts, one of the highest rates in the nation, the state’s Traffic Safety Commission says. The percentage of Washington drivers and passengers using seat belts rose to 97.6 percent …
September 22, 2010
The top U.S. bailout cop said evidence of fraud among banks that sought taxpayer funds was on the rise, and some of his investigations involve amounts exceeding $550 million. Neil Barofsky, the special inspector general for the Troubled Asset Relief …
September 22, 2010
Blazes that gutted more than two dozen homes across Detroit and pushed firefighters to their limits underscore the cash-strapped city’s need for outside help, according to a state lawmaker running for Congress. Sen. Hansen Clarke, D-Detroit, met with Federal Emergency …
September 22, 2010
European Union lawmakers gave their final approval on Wednesday for the creation of watchdogs to regulate European banking, insurance and trading, in one of the most far-reaching financial reforms of the decade. Putting its stamp on an agreement sealed this …