There’s the old saying about death and taxes—that they’re only things you can really count on. But it could be argued that there’s something else that’s just about as dependable as those two stalwarts—change. Times change (just ask Bob Dylan), …
The Federation of Insurance Women of Texas holds its 57th annual convention in San Antonio October 3-7. True to the number one objective of the organization-education-the FIWT convention will offer members the opportunity to attend up to 13 hours of …
New estimates from the insurance industry predict insurer losses from water and mold damage claims will reach $780 million in Texas this year. The figure represents a 60 percent increase over claims from a year ago. According to the Dallas …
As far as the United States is concerned, any final agreement to admit China into the World Trade Organization depends on whether the country honors its bilateral market access commitments on insurance. According to Reuters, the U.S. not only expects …
The coordinated terrorist attacks in New York’s lower Manhattan and Washington, D.C., last week targeted indisputable symbols of American prestige and military power: the World Trade Center and the Pentagon. The attacks delivered paralyzing blows to not only America’s economic …
California Governor Gray Davis has signed legislation to raise the assessments on workers’ compensation insurers and protect an important safety net for injured workers, the American Insurance Association (AIA) reported Sept. 13. “Governor Davis’ signature on AB 1183 will protect …
A California toxic mold bill reached Gov. Gray Davis’ desk on the evening of Sept. 13. The bill, SB 732, would enact the Toxic Mold Protection Act of 2001. It charges the California Department of Health Services with establishing a …
Midway Airlines announced that effective immediately it has suspended all future flight operations. This action is being taken at this time in order to preserve the value available for Midway’s interest holders and with the recognition that following the recent …
The St. Paul Companies issued the following statement from Chairman Douglas W. Leatherdale regarding last Tuesday’s attacks: “Our primary focus right now is helping our employees and customers through this terrible tragedy. The best thing we can do now is …
As ACE Limited examined its levels of insurance and reinsurance exposure, the Company joined the world community in condemning Sept. 11’s acts of terrorism in the U.S. Brian Duperreault, chairman and CEO of ACE Limited, stated: “The human toll is …
