Power Line Sparks Likely Caused Bastrop, Texas Blaze September 22, 2011 Fire officials say sparks from electric power lines likely started the blaze that became the most destructive wildfire in Texas...
Texas Workers’ Comp August Enforcements Include Fines of Up to $18K September 22, 2011 The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) announced the following disciplinary actions that became final for August...
Florida Approves Use of Revised RMS Hurricane Model September 22, 2011 By Michael Adams A Florida state panel has approved the use of a new hurricane catastrophe model that is increasing many insurers’ exposure....
California Homeowners’ Suit Against Builders Revived September 22, 2011 By Jonathan Stempel A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for...
BP Oil Lingering on Gulf Coast Floor Could Pose Long-Term Risk September 22, 2011 By Jay Reeves Tar balls washed onto Gulf of Mexico beaches by Tropical Storm Lee earlier this month show that oil left over...
AIG Appoints Former IRS Attorney as Deputy Tax Director September 22, 2011 American International Group Inc. (AIG) has hired Clarissa Potter, former deputy chief counsel at U.S. Internal Revenue Service and former...
Freedom Specialty Hires Cyber Liability Products Director September 22, 2011 New York-based Freedom Specialty Insurance Co. appointed John Merchant as director of network security, data privacy and technology risk. In...
Mass. High Court Upholds Charging Fees for Traffic Ticket Appeals September 22, 2011 By Young Ha The Massachusetts Supreme Judicial Court ruled that charging filing fees to residents appealing traffic tickets does not violate equal protection....
House Defeats Bill Funding Government; FEMA, Flood Insurance in Doubt September 22, 2011 By Andy Sullivan The House of Representatives unexpectedly defeated a bill that would fund the federal government [including the federal flood insurance program]...
How Federal Reserve’s Move Hurts Life Insurers September 22, 2011 By Ben Berkowitz The Federal Reserve’s latest move to stimulate credit for consumers and businesses, known as Operation Twist, is likely to threaten...