Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a national reinsurance pool that would grow as the government’ …
A week after Hurricane Emily made landfall in northern Mexico many of those in South Texas who suffered damage from the storm are now settling insurance claims and making repairs. Once a settlement is reached, insurance companies have five business …
A new urban insurance underwriting methodology that uses what its creators say are sophisticated data mining technology and new sources of information beyond traditional credit scores may help insurers better analyze risk in urban areas, according to the Urban Insurance …
Okla. Insurance Commissioner Kim Holland is encouraging Covenant Home Warranty Corporation customers to contact the Oklahoma Insurance Department if they had a claim before the company’s June 24 suspension. The department estimates there may be more than 2,500 outstanding Covenant …
Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company in New York, N.Y., brought his company’s front line experience with terrorism risk before a House Financial Services subcommittee that is weighing the future of the …
A San Francisco trial court judge recently ruled in the case Palm Medical v. State Compensation Insurance Fund (SCIF) that Prop. 64 is not retroactive, allowing the plaintiff to pursue injunctive relief on behalf the general public which—in this case—includes …
Encino, Calif.-based NAS Insurance Services has just introduced its new Social Services Professional Liability coverage. Eligible classes are quite extensive, ranging from Mental Health Facilities to Alcohol and Drug Rehab Centers to Meals on Wheels and Respite Care and Hotlines. …
SeaBright Insurance Holdings Inc. announced results for the second quarter ended June 30, 2005. For the second quarter of 2005, net income was $4.2 million, or $0.25 per share on a diluted basis, compared to net income of $967,000, or …
Many motorcyclists say there is nothing like the feeling of flying down the highway on two wheels with a sunset stretched out ahead. But before hitting the open road, Airmen and civilians, and many throughout the Air Force, must complete …
SAN Group, a network of independent insurance agencies in the Northeast, has acquired WIN Satellite Agency Network territory, covering the counties of Allegany, Cattaraugus, Chautauqua, Erie, Niagara in western New York. SAN Group also announced that Ellen Uhl will become …
