Virginia Gov. Terry McAuliffe announced that Elephant Auto Insurance, a subsidiary of U.K.-based Admiral Group plc, will invest $2 million to expand its U.S. headquarters operation in Henrico County, Virginia. The project will create 1,173 new jobs, which would nearly …
The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in turn discouraging the private market. Until now, …
The Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) requires homeowners to file a Proof of Loss form to claim damages within 60 days of a flood. On June 17 in a letter to FEMA Administrator Craig Fugate, Louisiana …
The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review process. “While extensions may be granted …
Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …
The number 1.00 means different things to different people. In baseball, 1.00 represents a perfect batting average. But in college, a 1.00 grade point average is about as bad as it gets. In workers’ compensation, a 1.00 experience modifier, or …
Massachusetts’ highest court in June ordered a hearing on the reliability of breathalyzer device Alcotest 7110 MK III-C. The ruling involves a drunk driving case where the defendant – along with 61 other defendants in similar cases – challenged the …
More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County Probate Court …
The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the western half of the country. Despite fewer storms, …
The insurance carrier for a Connecticut city paid $30,000 to settle a lawsuit filed by the family of a third-grader who was barred from school for several days because of Ebola fears. School officials in Milford, Connecticut, initially told 7-year-old …
