North Carolina Eyes Public Panel to Oversee Home Insurance Rates March 29, 2011 By Michael Adams Frustrated by rising home insurance rates, some North Carolina residents want a greater role in the rate approval process and...
More Than 200 Kentucky Dams Rated High Hazard March 29, 2011 More than 200 of Kentucky’s 1,000 dams in Kentucky are considered high hazards, which threaten property, people and animals if...
West Virginia Counties’ Program Expanding to Workers’ Compensation March 29, 2011 By Michael Adams A West Virginia risk pool created to provide property and liability coverage to counties around the state is looking to...
U.S. Business Group Says Doha Round Hopes Fading March 29, 2011 Chances for a deal this year in long-running world trade talks are fading and likely will remain remote unless world...
2010 Nat Cats, Disasters Cost $218 Bn – $43 Bn Insured; Says Swiss Re March 29, 2011 According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were $218 billion in...
Piracy: Enough is Enough Say Shippers as They Seek Government Help March 29, 2011 Ship owners are calling on governments to curb the escalating threat from the increasingly audacious attacks by Somali pirates. The...
Under SEC Pressure, Berkshire Took Q4 Writedowns on Stocks March 28, 2011 By Ben Berkowitz Warren Buffett’s Berkshire Hathaway took nearly $1 billion in writedowns on three stocks last quarter under pressure from U.S. regulators...
AIG Ex-CEO Greenberg Loses Bid to Remove Judge from Case March 28, 2011 The judge overseeing New York’s lawsuit against former American International Group Inc. Chief Executive Hank Greenberg denied Monday a motion...
New York Dilutes Plan to Merge Banking and Insurance Departments March 28, 2011 By Dan Wiessner The merger of New York state’s banking and insurance departments might not create the powerful agency first advertised, according to...
Federal Government Lifts Cargo Insurance Requirement for Truckers March 28, 2011 The federal government is no longer requiring that about 76,000 of the nation’s for-hire truckers carry cargo liability insurance. Over...