August 29, 2011
Plaintiff lawyers claimed a victory on Friday when a U.S. federal judge overseeing hundreds of lawsuits against BP and others over last year’s big oil spill in the Gulf of Mexico allowed much of the case to move ahead, including …
August 28, 2011
While people in New York and the rest of the U.S. East Coast on Friday were buying batteries and water ahead of Hurricane Irene, some investors were more focused on placing their bets just in case this really is “the …
August 28, 2011
Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company EQECAT said Sunday, suggesting the storm may have been far less severe than the insurance industry feared. The bigger question, though, is …
August 28, 2011
Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company Eqecat said on Sunday. At 7:30 a.m. ET Saturday, Aug. 27, Irene made its first landfall just west of Cape Lookout, North …
August 26, 2011
In addition to advising their policyholders on what to do to protect against Hurricane Irene, property/casualty insurers and brokers are themselves taking precautions—and positioning their claims teams for the aftermath. Most are publicizing their toll-free claims numbers and online sites …
August 26, 2011
Parts of the southeastern United States were already experiencing dangerous swells and rip tides Thursday as Hurricane Irene exited the Bahamas. On Friday afternoon, ahead of Hurricane Irene’s forecasted arrival in North Carolina tomorrow, high waves and storm surge were …
August 26, 2011
Chartis will enter into a contractual agreement with NYA International Limited (NYA), a kidnap and extortion response consultancy. Beginning December 1, 2011, NYA will be responsible for providing kidnap, extortion, malicious product tampering and maritime piracy consultancy services to the …
August 26, 2011
LexisNexis Risk Solutions has partnered with one of the largest networks of independent agencies and brokers to offer interconnectivity between two technology platforms. The LexisNexis Insurance Exchange platform and the Assurex Global Passport system will now be able to interconnect, …
August 26, 2011
Tacoma, Wash.-based Propel Insurance has announced that it has hired Diane Winchester as a sales executive. Propel is a private insurance agency that handles business insurance and professional liability insurance. Winchester has 22 years of experience in the field of …
August 26, 2011
Legislation overhauling the Oklahoma workers’ compensation laws becomes effective today, Aug. 26, 2011. The Oklahoma Workers’ Compensation Court noted that while the effective date for Senate Bill 878 is Aug. 26, various provisions contained in the legislation may have different …