United Way officials in Vermont say they want to collect information to help make the case to the federal government that the state should be eligible for individual assistance from the Federal Emergency Management Agency due to recent flooding and …
It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter how many …
A Broward judge has ruled that law enforcement officers cannot ticket drivers for running red lights. It’s another piece of legal wrangling in the ongoing dispute over red light cameras. County Judge Fred Berman recently ruled that tickets for running …
Three federal appeals judges expressed unease with a requirement that virtually all Americans carry health insurance or face penalties, as they repeatedly raised questions about President Barack Obama’s health care overhaul. At a Wednesday hearing, the three judges on the …
Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than $1 billion in catastrophe losses, the property insurer said Friday. The company also warned of worst-case scenario industry losses on …
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Texas-based Universal North America Insurance Company (UNAIC). Best also affirmed the …
A.M. Best Co. has downgraded the financial strength rating to ‘C++’ (Marginal) from ‘B-‘ (Fair) and issuer credit rating to “b” from “bb-” of New York’s Park Insurance Company, and has assigned a negative outlook to the ratings. Best said …
The San Francisco Chapter of the National Association of Insurance Women has presented Marie Meadows of International Marine Underwriters with is Insurance Member of the Year award, and Alvenia Scott of Chartis Insurance with its Hall of Fame award. The …
Negotiations meant to avert dangerous climate change are stuck over future emissions restrictions in wrangling at meetings below the ministerial level, undermining the U.N.-backed process. The pace of talks has slowed since a two-year campaign for a binding deal ending …
Cyber crime has become a high profile problem for risk managers, heightened as a result of the recent attacks by hackers on Sony. In an article on its web site Lloyd’s notes that risk manager are increasingly concerned “over the …
