Industry representatives say insurance companies likely will pay out more than $1 billion for property damage sustained during a stormy month of May in Oklahoma. An estimate by ISO’s Property Claims Services unit, which tracks catastrophic insured losses, is that …
For days now, Dr. Damon Dietrich has seen patients come through his emergency room at West Jefferson Medical Center with similar symptoms: respiratory problems, headaches and nausea. In the past week, 11 workers who have been out on the water …
The Group of North American Insurance Enterprises (GNAIE), an association representing the Chief Financial Officers of major life insurance companies in Bermuda, Canada, and the United States, has joined with four other insurance industry trade associations based in North and …
The Texas Supreme Court has declined to review a case involving the amount some hospitals marked up workers’ compensation-related bills under rules in effect until 2008, according to Texas Mutual Insurance Company. “Texas employers realized a great victory today,” Mary …
Oil sheen and tar balls have washed ashore on a northwest Florida beach crowded with holidaymakers and swimmers in what appeared to be the first impact on the state from the Gulf of Mexico oil spill, authorities and witnesses said …
New York agents can use a 226-word, boilerplate statement written by a trade group to comply with compensation-disclosure regulations that go into effect next year, state regulators said. The Professional Insurance Agents of New York (PIANY) said the New York …
The U.S. Deepwater Horizon and Venezuelan Aban Pearl drilling rig losses have left upstream energy insurers with an unprecedented bill of $795 million within the space of a single month, destabilizing the market and driving up rates, according to a …
The Chubb Corp. is telling its shareholders to reject an unsolicited “mini-tender” offer by TRC Capital Corp. (TRC) to purchase up to two million shares, or approximately 0.6 percent, of the outstanding Chubb common stock at a price of $47.00 …
Vermont State Police fire investigators are seeking the cause of an explosion that destroyed a house in the town of Norwich. Police say that when firefighters arrived at the New Boston Road home at about 6 p.m. Monday they found …
Georgia Gov. Sonny Perdue is preparing to sign legislation requiring adults riding in pickup trucks to wear seat belts. Perdue was scheduled to go to Dalton, Ga., to sign the measure Thursday afternoon. The legislation had been blocked by state …
