Torus Acquires Renewals of C.V. Starr for Continental Europe; Interview with Int’l. CEO O’Donohoe December 5, 2011 By Charles E. Boyle Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the...
Haigood to Head Texas Fire and Casualty Insurer Association December 5, 2011 Lyndell Haigood, regional vice president of State Auto Insurance Co., has been elected president of the Association of Fire and...
ProHost Launches Employment Practices Coverage for Restaurants December 5, 2011 ProHost has started offering employment practices liability insurance for restaurants, including wage and hour defense coverage. The product will cover...
Sen. Schumer Says Flood Insurers Are Too Slow in Processing Claims December 5, 2011 U.S. Senator Charles Schumer (D-N.Y.) is calling on flood insurance companies to speed up their processing of insurance claims from...
U.S. P/C Insurers’ Catastrophe Losses Top $38 Billion December 5, 2011 Catastrophe-related losses experienced by the U.S. property/casualty (P/C) industry through the first nine months of 2011 have nearly doubled total...
Senate Asked to Renew Flood Program Until Sept. 2012 December 5, 2011 U.S. Sen. David Vitter, R-La., has sent a letter to Senate Majority Leader Harry Reid urging him to allow a...
Pennsylvania Receives $349 Million in Disaster Aid So Far December 5, 2011 Officials with the Federal Emergency Management Agency say nearly $349 million in disaster aid has been approved so far for...
Lawmakers Block Safety Rules for Lithium Battery Shipments December 5, 2011 By Joan Lowy Lawmakers responded to pleas from industry and foreign governments on Friday with a tentative agreement to block the Obama administration...
2011 Hurricane Season Spared Usual Targets While Flooding Northeast December 5, 2011 By Kelli Kennedy and Tony Winton The 2011 Atlantic hurricane season was a study in contradictions: It spared the usual Southern targets, while Irene paralyzed the...
Federal Agency to Hold Hearing on Air Shows, Races December 5, 2011 By Scott Sonner A federal hearing will examine the safety of air races and air shows after a horrific crash killed 11 people...