In Mississippi, Donnell Landtroop’s state-supplied cottage has mold on the walls and dried mud on the floor — the foul remnants of Hurricane Gustav, the second hurricane in three years to leave her family homeless. The Labor Day storm ruined …
San Francisco-based Woodruff-Sawyer & Co. announced that James R. Allen has joined the company to focus on client consultation in the areas of business and individual life and disability insurance. Allen has more than 35 years of consulting experience, helping …
The nitty-gritty of pricing and buying troubled assets under the proposed U.S. government bailout of Wall Street would be left up to the Treasury Department, under draft legislation released Sunday. In a key issue swirling around the $700 billion bailout …
President Bush said Sunday the $700 billion financial bailout being finalized by Congress would help protect the U.S. economy from a “system-wide breakdown” and expressed confidence it would be approved quickly. “This plan sends a strong signal to markets around …
At the Clinton Global Initiative Annual Meeting last week in New York City, former President Bill Clinton announced the launch of LeapFrog Investments, the world’s first investment firm to focus on the insurance needs of low-income people. Its founders say …
Calif. Gov. Arnold Schwarzenegger has signed legislation to help transform the Golden State’s workers’ compensation insurer, the State Compensation Insurance Fund. Assembly Bill 1874 and Senate Bill 1145 are an important step toward increased transparency and strengthened corporate governance for …
Boston-based Liberty Mutual Group is not pleased by Standard & Poor’s announcement that it was lowering the Company’s financial strength rating from ‘A’ to ‘A-‘ with a stable outlook, following Liberty’s completion of its acquisition of Safeco. In a bulletin …
State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation. The state regulators spoke out …
With a Tuesday, Sept. 30, 2008, deadline to sign or veto bills fast approaching in Califorrnia, Gov. Arnold Schwarzenegger has taken action on several bills this week. Perhaps most notable to insurance agents is AB 2956, which the Governor signed, …
Damage estimates indicate hurricanes Gustav and Ike washed about a million cubic yards of sand apiece from Alabama’s Baldwin County beaches, and repairs could cost more than $13 million. Gulf Shores Public Works Director Mark Acreman said it will take …
