“People like us who buy Ferraris don’t care too much about insurance because we buy cars for speeding,” said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a new …
SCF Arizona announced it will pay out safety dividends totaling $3.5 million for 2011 to qualified policyholders, making it the 41st consecutive year the company’s board of directors approved a dividend payment. Arizona’s largest provider of workers’ compensation insurance began …
The R Street Institute published its first research project as an independent institution today, a report card of the insurance regulatory environments in each of the 50 states. The report card builds on a series of annual reports my colleague …
The Fort Meade Leader, a smallish Florida Newspaper, has a bang up editorial today about the Florida Citizens Property Insurance Corporation continuing woes. Despite signifiant improvements in its management, an despite its successful placement of a largest-ever cat bond, Citizens …
Tornadoes swept through several counties in Virginia, Pennsylvania and Maryland last Friday, knocking down trees and power lines and damaging dozens of structures and homes. Here are the latest reports from The Associated Press.Officials in Hampton, Virginia, say a tornado …
The Mine Safety and Health Administration says it issued 254 citations, 19 orders and one safeguard during special inspections at West Virginia coal mines last month. Among those targeted was Argus Energy’s Deep Mine No. 8 in Wayne County, where …
Futures customers should have access to a fund that guarantees their accounts up to a certain threshold, the trustee liquidating MF Global Holdings Ltd said in a report on Monday. The report, written by Trustee James Giddens to the U.S. …
The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from an expected jump of more than 30 percent in the number of global travelers going to London compared to the …
Pennsylvania insurance regulators are reminding consumers to keep insurance needs in mind when vacationing, entertaining or enjoying other warm-weather activities. Regulators are advising consumers to check for the following items.• Installing a pool, or already have one? Pools increase liability …
Taking the position that Florida’s heavily-subsidized property insurance market is leading to over-development along the state’s coastline, wildlife groups are calling on state lawmakers to make reforms even if they increase costs. In a letter to the state legislature, six …
