February 14, 2008
The earthen seal at a former underground coal mine in Delbarton, W. Va., sprung a leak, sending thousands of gallons of water through the yards of several homes and onto a state highway, officials said Tuesday. The seal was designed …
February 13, 2008
The first major rewrite of Pennsylvania’s 1961 mine safety law received unanimous approval from the state Senate this week, but the mine workers union wants the House to make additions to it. Under the current draft, state inspectors for the …
February 10, 2008
With the 2008 legislative sessions now in full swing, many states are taking another look at the issue of insurers using credit scoring to underwrite or rate auto or homeowners insurance. Insurance trade groups are stepping up efforts in state …
February 10, 2008
States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In …
February 10, 2008
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …
February 10, 2008
American International Group, Inc. (AIG) has reached settlements with Florida, West Virginia, seven other states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and questions about undisclosed contingent commissions paid to brokers. Under the …
February 10, 2008
American International Group Inc. (AIG) confirmed in late January that it reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing, and questions about undisclosed contingent commissions paid to brokers. AIG …
February 10, 2008
American International Group Inc. (AIG) confirmed in late January that it had reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and questions about undisclosed contingent commissions paid to brokers. …
February 6, 2008
Westfield Bank recently promoted Gregory A. Oakes to executive vice president – agency banking at Westfield Bank. Oakes’ new role involves leading Westfield Bank’s sales efforts to Westfield Insurance agencies, which includes commercial lending for agency acquisitions and business perpetuation, …
February 5, 2008
Motorists Mutual Insurance Co. will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies starting in April. This change gives agents an additional selling tool, according to Grady B. Campbell, vice president of property/casualty marketing. “No …