Report Urges Pressure on Utilities to Protect Electric Grid From Storms August 14, 2013 By Brian Wingfield Power companies should be pressed by government to install technologies including smart meters and energy-storage devices to shield the electric...
Atlantic Hurricane Season to Enter Most Active Phase Next Week August 14, 2013 By Brian K. Sullivan The Atlantic hurricane season is about to enter its most active phase as conditions for the powerful storms improve across...
Lessons from U.S. Blackout of 10 Years Ago: Kemp August 14, 2013 By John Kemp Exactly 10 years ago, at 15:05 Eastern Time on August 14, 2003, an overhead power line came into contact with...
Rates for Same Workplace Injuries Vary by State: Study August 13, 2013 Rates of serious workplace injury and illness vary significantly between states, even for workers in the same industries, according to...
Tower Group, Meadowbrook Delays on Filings Could Trigger Shareholder Actions August 13, 2013 By Susanne Sclafane After two property/casualty insurers—Tower Group International Ltd. and Meadowbrook Insurance Group—said they would delay scheduled Securities and Exchange (SEC) filings...
Arthur J. Gallagher Acquires Broker Bollinger August 13, 2013 Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for...
Best Places Tower Group Subs Ratings on Review/Negative August 13, 2013 A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer...
Republican Sen. McConnell Calls for Delay in Obamacare Insurance Exchanges August 13, 2013 By Sharon Begley Senate Republican leader Mitch McConnell on Monday called on the Obama administration to delay the Oct. 1 opening of exchanges...
Property Losses Rose for U.S. Captives in 2012: A.M. Best August 12, 2013 Captive insurance companies tightened margins and used capital more efficiently in 2012, according to research by ratings firm A.M. Best...
Insurers Continue to Improve Their Home Valuations, Says MSB August 12, 2013 The insurance industry is doing a better job adequately valuing residential construction, according to Marshall & Swift/Boeckh (MSB), a provider...