The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported this week that a record $4.27 billion in FEMA disaster funds have been expended to date to aid people and communities victimized by one of the most intense …
West Virginia Gov. Bob Wise recently announced that the Disaster Recovery Board approved more than $3.8 million to assist West Virginians who have experienced repetitive flooding. “The money distributed through the Hazard Mitigation Grant Program allows us to purchase properties …
Nuts & Bolts: The Chubb Group of Insurance Cos. is now offering a package of eight key coverages tailored to the needs of small businesses with enhancements to Chubb’s ForeFront Portfolio. The changes include a lower minimum employment practices deductible …
Craig Streem Aon Corp., the world’s No. 2 insurance broker, has named Craig A. Streem to the position of vice president and head of investor relations. Streem was most recently vice president of corporate relations and communications for Household International, …
Nuts & Bolts: Workforce Safety and Ins. (WSI) announced that North Dakota employers can now purchase a workers’ comp policy to cover their employees who work temporarily outside the state. In partnership with the Accident Fund Ins. Co. of America, …
The vote tallies in the presidential and congressional races suggest this is a blue region (with the exception of Virginia) but that is probably not true of the insurance community here or elsewhere. Purple, maybe; blue, doubtful. Blue voters can …
Delaware Valley Underwriting Agency Inc. (DVUA) is expanding into the New England area with the purchase of the assets of Zimmerman Specialty Insurance Brokerage Inc. of Natick, Mass., by its parent, PIC Holdings. Zimmerman Specialty is an excess and surplus …
An independent audit report for fiscal 2004 shows continued positive financial trends for the West Virginia Workers’ Compensation Commission, according to Executive Director Gregory Burton. The report cites a deficit or unfunded liability for the combined funds of the Workers’ …
Georgia and West Virginia are two southeast states that could reconsider their earlier approval of the Anthem Inc./WellPoint merger, after California’s $265 million concessions package in California. Seven other states, plus Puerto Rico, that may reconsider their earlier approval of …
The Malvern, Pa.-based American Institute for CPCU has named Michael P. Holm its new Midwestern region marketing director. Holm is responsible for marketing activities that involve maintaining relationships with organizations that use and teach Institute courses, developing new customers, and …
