A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government intervention if there were a major terrorist or catastrophic event or series of events. It also finds that the U.S. …
The National Safety Council will present its 2005 Green Cross for Safety Medallion to Liberty Mutual Group and its Chairman, President and CEO Edmund F. (Ted) Kelly at this evening. Established in 1999, The Green Cross for Safety award recognizes …
New Hampshire state senators seem more interested in a House plan to address the cost of medical malpractice insurance than a bill from one of their own. The proposal before the Senate Judiciary Committee is based on a system in …
Employees bringing age discrimination suits against their employers no longer need to prove that the discrimination by their employer was intentional, the U.S. Supreme Court has ruled. In a 5-3 decision written by Justice Paul Stevens, 84, the majority held …
Ebix Inc., an Atlanta-based international developer and supplier of software and e-commerce solutions to the insurance industry, has reported financial results for the fourth quarter (Q4 ’04) and year ended Dec. 31, 2004. For the full year 2004, Ebix’s revenue …
A report, prepared by the United Nations Environment Program (UNEP), entitled “The Millennium Ecosystem Assessment,” concludes that many of the planet’s essential systems are endangered, primarily due to human activity. It warns that, if left unchecked, the consequences could be …
And then there was one. The announcement late yesterday, March 30, that Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to “AA+” from “AAA”, leaves Berkshire Hathaway’s insurance …
California Insurance Commissioner John Garamendi and Assembly member Mark Ridley-Thomas (D-Los Angeles) introduced AB 925, a new piece of legislation that would require insurers to make investments in low- and moderate-income communities. The new legislation, modeled after the banking industry’s …
Governor Donald L. Carcieri has submitted a package of legislative proposals that seeks to make Rhode Island’s roadways safer by targeting drunk drivers, aggressive drivers, and drivers who do not wear their safety belts. The package was went before the …
NationsBuilders Insurance Services has announced that Andrea M. Griggs has been promoted to senior vice president, business and product development. In her new role Griggs will be over-seeing the development of NBIS’s eight home builder association endorsements, including all future …
