The family of Vermont State Police Sgt. Michael Johnson can sue the state’s insurance company for as much as $11 million in connection with Johnson’s death during a 2003 car chase. That’s the upshot of a ruling from the Vermont …
Flood insurance premiums and deductibles are increasing by about 8 percent for thousands of homeowners across South Carolina. The National Flood Insurance Program is raising monthly premiums and doubling deductibles beginning Oct. 1. At the end of April, almost 201,000 …
Pearl River, New York-based The Mechanic Group has launched a new Security Guard, PI and Alarm/Electronic Security umbrella program. The program is offered through insurer Crum & Forster, and replaces a program previously offered with Navigators. The new program includes …
August 29 will mark four years since Hurricane Katrina pummeled Mississippi. Since then, the Federal Emergency Management Agency (FEMA), in partnership with the Mississippi Emergency Management Agency and other state and local governments and organizations, has helped the state rebuild. …
Kentucky Insurance Department has approved vendors with software that can help insurance companies comply with a new law on collecting premium taxes. The new state law (HB 524) requires insurers to use a verified electronic system to assess premium taxes …
The U.S. National Hurricane Center said an area of disturbed weather centered about 470 miles east of Nassau in the Bahamas could become the season’s latest tropical depression, or more likely, tropical storm, later Wednesday. But forecast tracks so far …
Standard & Poor’s Ratings Services has assigned its ‘A-‘ counterparty credit and financial strength ratings on Max Capital Group Ltd.’s operating insurance and reinsurance companies. S&P also raised its counterparty credit rating on Max Capital Group Ltd. to ‘BBB’ from …
A bulletin from Risk Management Solutions notes that over the past 24 hours, the wildfire situation in Athens has greatly improved, but continues to be closely monitored as there is a high risk of further flare-ups. In addition RMS noted …
According to figures released by Marsh “insurance premium rate reductions slowed for property and casualty business across Europe, the Middle East and Africa in the first half of 2009.” Marsh also concluded that even though the increasing number of claims …
