A brief status report from the European Environment Agency (EEA)notes that “tackling climate change will improve Europe’s air quality, cut premature deaths and could save €12 billion [$15.4 billion] annually in air pollution control costs by 2030.” The EEA also …
As previously indicated (See IJ Website May 11), Standard & Poor’s Ratings Services has lowered its insurer financial strength rating on Hong Kong-based general insurer QBE Hongkong & Shanghai Insurance Ltd. (QBE Hongkong Shanghai) to “A” from “A+” following the …
Germany’s Allianz Group added its numbers to the growing list of companies recording strong first quarter results. The German giant posted €1.779 billion ($2.28 billion) net income for the period, a 34 percent rise, on total group revenues of €29.642 …
Allstate Insurance Co. has been sued for allegedly denying rightful claims of hurricane-damaged homes. Lawyer Richard Scruggs filed the lawsuit Friday in federal court on behalf of 310 Allstate policyholders allegedly denied payment even though they believed the damage caused …
A New Mexico Department of Labor audit of the state Republican Party’s payroll records found no discrepancies in wages reported by the party. The GOP also complied with reporting requirements under laws covering unemployment insurance, the department announced Monday. State …
Florida Insurance Commissioner Kevin McCarty has urged Floridians to purchase flood insurance to protect their homes. McCarty’s warning comes on the eve of the 2006 hurricane season which officially begins June 1. “One of the many tragedies of Hurricane Katrina,” …
Miami, Fla.-based Y.S. Liedman & Assoc. has been acquired by Arthur J. Gallagher & Co. of Itasca, Ill. Terms of the transaction were not disclosed. Established in 1973, Y. S. Liedman & Associates offers a wide range of employee benefit …
Marci L. Rose’s home and rental properties in Key West, Fla. escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of Floridians, the real estate attorney has seen dramatic …
State Farm Insurance Co. is seeking to boost premiums by an average of about 70 percent in Florida, the company said Friday. If approved by state regulators, the increase would be effective Aug. 15. The Bloomington, Ill.-based company, which covers …
Two surgeons at the same hospital perform the same operations on patients with similar medical histories. Their costs to the hospital are similar, right? Not necessarily. The difference in cost could be as much as 45 percent. New research from …
