A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies during a panel moderated by Bill Bailey, director of the Hurricane Insurance Information Center, at the Seventh Annual Windstorm …
Charles Albert Sloan has been sentenced on one count of wrongfully seeking workers’ compensation benefits and one count of fraudulently obtaining a controlled substance, both felonies, according to West Virginia Insurance Commissioner Jane L. Cline. Sloan, of Elkins, W. Va. …
Purse snatching has traditionally been a crime directed against women, but the growing use of small electronic devices by men, has increasingly made them the victims of grab and run thieves. A bulletin on the Lloyd’s Website (www.lloyds.com) notes that …
Although the start of the Florida Legislature is still three weeks away, lawmakers have released preliminary bill drafts on two major issues they will face during the upcoming legislative session: reenacting the PIP/no-fault system and reforming the property insurance market. …
Swiss Re appeared very upbeat after the completion of its January reinsurance treaty renewals. The Zurich-based reinsurer noted a “7 percent improvement in economic profit” and premium growth to CHF 9.3 billion ($7.1 billion). The Company’s bulletin notes that the …
A former Central City, Ky. councilman will spend the next 15 months in prison after being sentenced on federal fraud charges. Danny W. Miller received the sentence on Monday after pleading guilty in U-S District Court last September. Miller admitted …
Atlantic Beach, S.C. officials say the town has worked out a payment plan with the state to keep insurance on police cars, town hall and other property. The town owed almost $9,000 in premiums to the South Carolina Insurance Reserve …
A recent study by RIAS, a U.K. carrier that specializes in providing insurance products for the over 50s age group, shows that love at first sight isn’t confined to teenagers and 20-somethings.The survey found that “people in their 50s are …
Minnesota-based St. Paul Travelers and its two private foundations, St. Paul Travelers Foundation and St. Paul Travelers Connecticut Foundation, contributed more than $15 million in a total of of 418 grants to organizations that support community development, education, and arts …
A disaster relief case study covering the history and challenges of delivering financial assistance during catastrophes will be presented by Midhael Brackney of the American Red Cross and Gregory Kerwin with JPMorgan Chase during the Feb. 15-17, 2006 Prepaid Card …
