Until a deadly blaze in a condemned ground zero skyscraper this summer spurred scrutiny of inspection records, the New York fire department didn’t know that some construction and demolition sites existed. Many were believed never to have been inspected. Now, …
Ash from October and November’s southern California wildfires may pose problems to health and the environment, according to preliminary results from a U.S. Geological Survey (USGS) study released to the Multi-Agency State and Federal Task Force. Samples collected from two …
Federal officials said this week they will investigate why a $1 billion Sept. 11 insurance fund created by Congress to cover claims of sick ground zero workers is fighting the cases in court rather than distributing money. The World Trade …
Considering the number of people who lived and worked in the area, the destruction of the World Trade Center complex was the functional equivalent of obliterating a small- to medium-sized city. Several recent and relatively recent events — the wildfires …
Agents advised to discuss extended coverage provisions and contingent business interruption insurance Several recent and relatively recent events — the wildfires in southern California, Hurricane Katrina in August 2005 and the Sept. 11, 2001, terrorist attacks — have raised awareness …
Several recent and relatively recent events — the wildfires in southern California, Hurricane Katrina in August 2005 and the Sept. 11, 2001, terrorist attacks — have raised awareness of how, and whether, business interruption (BI) insurance applies in the context …
New York Insurance Superintendent Eric Dinallo has released a draft regulation that he says would make the New York Insurance Department the first in the nation to establish principles-based regulation. The draft includes 10 principles for the industry and is …
Following a nationwide search, California Insurance Commissioner Steve Poizner announced his choice for general counsel at the Department of Insurance. Adam M. Cole comes to the DOI from the San Francisco-based office of the law firm Heller Ehrman LLP, where …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and assigned issuer credit ratings (ICR) of “aa” to the Ancon Insurance and Petroleum Casualty Group. They apply to Vermont-based Ancon Insurance Company, Inc. and its reinsured …
New York Insurance Superintendent Eric Dinallo today released a draft regulation that he says would make the New York Insurance Department the first in the nation to establish principles-based regulation. The draft includes 10 principles for the industry and is …
