Insurance News from August 02, 2007
National News
House Committee Advances Bill to Extend Terrorism Reinsurance Backstop for 15 Years
The House Financial Services Committee voted yesterday to extend and expand the federal...
International & Reinsurance News
Zurich Estimates UK June Flood Losses at $400 million
Zurich Financial Services Group announced that, according to its current "best...
East News
R.I. Audit of Beacon Confirms Unfair Practices; Seeks Fines, Refunds
Beacon Mutual Insurance Co. will pay a $2.5 million fine, refund $7 million to...
West News
Insured Statue Stolen from OSU Fraternity Found Safe
A bronze statue stolen from a fraternity house at Oregon State University has been...
Southeast News
Report: Inadequate Safety Controls Led to Fatal N.C. Plant Explosion
Inadequate safety controls for chemical reaction hazards led to an explosion at a North...
Texas / South Central News
Marina Operators: Lake Texoma Flood Damage Tops $2 Million
Flood damage at Lake Texoma marinas is expected to exceed $2 million, marina operators...
Midwest News
Ohio Governor Names 11 to New Board of Workers’ Comp Bureau
Ohio Gov. Ted Strickland named 11 new non-legislative directors to oversee the state's...