Wilmington, DE – July 2007 – The Target Markets Program Administrators Summit announced today that Steve Forbes, publisher and former presidential candidate, will be presenting the keynote address this year at the group’s seventh annual program Summit in Tempe, Arizona. …
Consolidated Edison in New York has agreed to let two insurance companies anticipating millions of dollars in claims monitor the cleanup of last week’s steam pipe explosion in midtown Manhattan, the utility’s spokesman said. The agreement between Con Ed, Travelers …
Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more than twice as much for the insurance …
Central Insurance is re-entering the Massachusetts commercial auto insurance marketplace after a 17-year absence. Since 1990, Central has been a commercial lines only insurer in Massachusetts, writing primarily commercial package, umbrella and workers’ compensation, but not auto. Now agents who …
With parts of Texas continuing to experience record-breaking rainfall and intense flooding, the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) says it has approved a total of $10,088,447 in disaster housing assistance in the state and an additional …
The Hanover Insurance Group, Inc. reported that John J. Leahy will assume the role of executive vice president and chief financial officer, effective Sept. 1. In this position, he will provide overall leadership for all aspects of the company’s financial …
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted yesterday to add wind coverage to the National Flood Insurance …
Louisiana taxpayers due a credit because of insurance assessments can use a new form to get the money, rather than waiting until the 2008 tax season, the state Department of Revenue said. The credit is available to nearly everyone who …
New Orleans’ population, which fell more than half after Hurricane Katrina, may be back to two-thirds of its pre-storm level, with about 300,000 residents, a group tracking recovery trends says. The U.S. Postal Service says it is now delivering mail …
BMS, a reinsurance intermediary, has appointed Frank Hernandez as senior vice president for its Marine & Energy team. He will be based in Shelton, Conn. Hernandez was previously at Towers Perrin as head of its Global Marine and Energy unit, …
