Insurance News from November 24, 2008
National News
New Catastrophe Bonds on Hold Pending Reinsurance Market Hardening
Disaster insurance bonds are one of the few assets to make any money this year but new...
International & Reinsurance News
Report Somali Pirates Reduce Ransom Demand to $15 Million
Somali pirates holding a Saudi supertanker after the largest hijacking in maritime...
East News
Quadruple Amputee in NYC Plans $100M Lawsuit against City
A mother of three says a Brooklyn hospital and ambulance workers didn't properly treat...
West News
State Farm, Farmers To Increase Homeowners Insurance Rates
California Insurance Commissioner Steve Poizner has approved homeowners insurance rate...
Southeast News
Study Shows Tennessee Would Lose Most People, Buildings from Earthquake
A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the...
Texas / South Central News
Successive Hurricanes: Potential Windfall for Insureds?
The 2008 hurricane season came very close to presenting, on a large scale, the...
Midwest News
Iowa Supreme Court Rules on Case of Woman with Cancer Diagnosis
The Iowa Supreme Court issued a ruling on Nov. 21 that sends the case of a woman who...