News

Homeowners Sue Golf Course For Negligence in California Fire

A group of homeowners has sued a golf course owner for negligence, stemming from a wildfire that destroyed eight houses, two businesses and an apartment complex near San Diego. The lawsuit filed last week in San Diego Superior Court blames …

Tropical Storm Ana Forecast to Impact Hawaii This Weekend

A Central Pacific Hurricane Center advisory shows Tropical Storm Ana is located 315 miles south-southwest of Hilo, Hawaii, with maximum sustained winds of 70 mph. While Ana is gradually strengthening, and may achieve hurricane status later today, the storm is …

Health Official: 7 Quarantined in Ohio for Ebola

A health official says at least seven people in northeast Ohio are quarantined and being monitored because they had contact with a Texas nurse who was diagnosed with Ebola after visiting the area. The Summit County Public Health medical director …

Detroit Settles with Bond Insurer; Chance of Debt Plan Success Boosted

Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy. The remaining holdout creditors, led by hedge fund managers including Aurelius Capital Management LP, …

Willis Launches Disease Response Center Hub for Ebola Preparedness

Willis Group Holdings has launched a Disease Response Center microsite on its web page to help business clients prepare their workplaces against the threat of Ebola. The portal features content from a variety of official resources, including the Centers for …

V3 Insurance Offers Enhanced Auto Dealers Coverage in Western States

V3 Insurance Partners LLC of Newtown, Pa. has launched the V3 Dealer V₃antage program for non-franchised auto, truck and RV dealers. The program features garage liability, garage keeper’s liability, dealer’s open lot insurance, property, inland marine and crime cover. The …

William Gallagher, Miller Insurance Offer Ebola Business Interruption Cover

Retail insurance broker William Gallagher Associates of Boston and Miller Insurance Services, a London-based independent specialist insurance broker, have partnered to launch Pandemic Disease Business Interruption Insurance to respond to loss of income arising directly out of shutdowns of healthcare …

Mississippi Businessmen Seek $7.9M from Texas Lawyers for BP Claim Referrals

Three Mississippi businessmen argue in a federal lawsuit that Texas attorneys owe them $7.9 million for steering to them thousands of people seeking to resolve claims against BP from the 2010 Gulf oil spill. Gulf Coast businessmen Scott Walker, Kirk …

A.M. Best Revises Outlook to Negative for Frederick Mutual in Maryland

Ratings agency A.M. Best said it has revised the outlook to “negative” from “stable” and affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of “a-” of Frederick Mutual Insurance Co. in Frederick, Maryland. A.M. Best …

RSA Insurance Selling Italian Business to ITAS Mutua

RSA Insurance Group Plc agreed to sell its Italian business to ITAS Mutua, the country’s oldest customer-owned insurer. RSA will transfer 434 million pounds ($698 million) of liabilities to ITAS and receive a payment of 19 million pounds, the London-based …

News Archives by Month