In May the London market’s Joint War Committee (JWC) added the Gulf of Aden to its areas “as having an enhanced potential to cause a danger to ships or their crews,” notes an article on the Lloyd’s web site (www.lloyd’s.com). …
California Gov. Arnold Schwarzenegger has signed a bill establishing a citation program for minor violations of the Insurance Code. Assembly Bill 2044 by Assemblyman Michael Duvall, R-Yorba Linda, “creates a new way for the Department to enhance consumer protections and …
Three eastern Kentucky miners are indicted on two counts each of violating the federal Mine Safety Act. Ira Sergent, Johnny Osborne and Reggie Raleigh worked at the Stillhouse Mining No. 1 Mine in Harlan County, Ky. The violations came in …
Each year, deer-vehicle crashes cause more than 200 deaths and tens of thousands of injuries, while racking up $1.1 billion in property damages. Based upon Erie Insurance’s decade of deer-vehicle collision data, we estimate that about one in every 100 …
Central Florida-based Lassiter-Ware Insurance was named a best practices agency for 2008, ranking among the top performers in the annual best practices study conducted by the Independent Insurance Agents & Brokers of America and Reagan Consulting. At the start of …
To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and former head of …
American International Group Inc. (AIG) Chairman and CEO Edward M. Liddy will host a conference call for the investment community on Friday, Oct. 3, 2008 at 8:30 a.m. EDT to provide an update on AIG’s future direction. The audio webcast …
CMIC, a doctor-owned medical malpractice insurer, announced a 2.7 percent overall rate reduction in its claims made rates for Massachusetts doctors effective Oct. 1, 2008. Denise Funk, CEO of CMIC, credited the continued stabilization in the market and said some …
Three-wheeled vehicles are now street legal in Ohio. A new law that took effect on September 23 and allows fuel-efficient three-wheelers such as the Zap Xebra (ZEE’-bruh) and the Myers Motors NmG to be registered and titled as motorcycles in …
A Dartmouth woman has been sentenced to 6 1/2 years in federal prison for paying more than $40 million in cash wages through the temporary employment agencies she ran with her husband in order to evade millions of dollars in …
