If Hurricane Katrina had not devastated New Orleans, James DeAngelis says he would still be there hooked on crack, cocaine, marijuana and alcohol _ his life for the past decade. After the hurricane, the 39-year-old ended up in Madison, where …
Who are the moles? The question was like a parlor game for employees of State Farm Insurance Co. after Hurricane Katrina, one they nervously played during coffee breaks or in the parking lot after work. Richard “Dickie” Scruggs, a prominent …
The U.K.’s Hiscox Insurance Co. has launched of a new management liability policy developed to cover the liabilities of U.K. companies, their directors and employees. Hiscox said it had revamped the coverage “to address the significant rise in current and …
Aon Aminim, a unit of Aon International, headquartered in Tel Aviv, Israel, announced that it has acquired the business of Fredy & Ilan Beck Insurance Brokers in Haifa, Israel, subject to approval of the relevant authorities. “The businesses of Aon …
Commercial and industrial property insurer FM Global announced the private placement of a second US$300 million catastrophe bond to protect against the consequences of unusual earthquake activity in the Pacific Northwest region of the United States and Canada. The Company …
A significantly weaker Tropical Storm Ernesto crossed over the eastern Provinces of Cuba on Monday, bringing heavy rains. More than 500,000 people were evacuated from the region by authorities as a precaution, but so far no major damage, and only …
Global services provider Towers Perrin announced that Phillip Pettersen has joined the firm’s Reinsurance business as a Managing Director based in its Bermuda office. He will be responsible for business and brand development in the Bermuda marketplace and will be …
A storm Saturday pummeled the Pueblo, Colo., area with hail, torrential rain and wind gusts up to 69 mph, and at least two people were sent to hospitals with injuries caused by the storm. One person at the Colorado State …
Republican U.S. Senate challenger and former Safeco CEO Mike McGavick, in a remarkable confession of what he called his personal and political shortcomings, revealed a drunken driving incident and discussed his divorce, a political dirty trick and payroll slashing at …
The Colorado Division of Insurance has issued an Emergency Cease and Desist Order against The Global Healings Society for selling fake auto insurance to Colorado drivers. The Global Healings Society is also known as The Auto Bond, based out of …
