Tropical Storm Ida was a mild storm along coastal Alabama, but it still caused millions in damage to the beaches. Gulf Shores and Orange Beach officials told the Press-Register that Ida stripped several hundred thousand cubic yards of sand from …
A $250,000 default judgment against Tippah County has been upheld by the Mississippi Supreme Court. The case was filed in 2007 by Daniel Childers of Ripley, who contended that his elbow was broken during an arrest by county deputies in …
Mississippi’s Lee County will spend more than $50,000 over the next three years on accident and life insurance for its 300-plus volunteer firefighters. The county’s 18 fire departments include only one — Tupelo — where every staffer is paid. Lee …
Marsh announced that it has reached an agreement with UDrive Solutions to offer its comprehensive range of driver and fleet assurance products on an exclusive basis, to Marsh’s clients, initially in the UK. Marsh explained that UDrive Solutions provides a …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-” (Excellent) from’ B++’ (Good) and issuer credit rating (ICR) to “a-” from “bbb+” of SGI CANADA Insurance Services Limited (SCISL). Best also upgraded the FSR to ‘A-‘ (Excellent) …
ACE announced the appointment of Tom Hillier in the role of Corporate Casualty Manager for London, based in ACE’s Leadenhall Street office. He will report to Graeme McGeachie, Corporate P&C Underwriting Manager, Southern Region. ACE noted that the “appointment follows …
The world should cut greenhouse gas emissions by 50 percent by 2050 from 1990 levels with the bulk of the reduction coming from rich countries, according to a draft proposal by Denmark, host of Dec 7-18 U.N. climate talks. The …
Aon’s International Space Brokers has reported that space insurers are expected to generate more than $400 million in profit for 2009, provided there are no claims before the end of the year. “The space insurance market has been very profitable …
Former Tennessee Commissioner of Commerce and Insurance Commissioner John C. Neff has died in Nashville. He was 85. An obituary posted online by Crawford Mortuary & Crematory stated Neff died last Wednesday, following a short battle with cancer. Neff retired …
American International Group and former chief executive Maurice “Hank” Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as …
