Monthly Archives: February 2007

Katrina punitive damages reduced

The federal judge overseeing the Katrina claims cases in Mississippi has reduced a recent $2.5 million jury award of punitive...

Business Moves

Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. headquartered in Briarcliff Manor, N.Y., agreed to be acquired by...

News Currents

Florida insurers in freeze until June Florida Gov. Charlie Crist convinced Cabinet members to approve a rule that will prevent...

Declarations

Different approach “From day one, USAA has adjusted Hurricane Katrina claims responsibly, and we will continue to do so until...

Editor’s Note: Mild-mannered report

If some politicians can be accused of engaging in “fuzzy” math, some property/casualty insurers might be said to practice “fuzzy”...

People The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are...

News Currents

Fla. pols to lobby Washington for national catastrophe fund But U.S. Rep. Feeney warns some are ‘overly optimistic’ and it...