West Virginia Seeks Federal Funds for Chemical Spill Assessment January 28, 2014 West Virginia is seeking a $350,000 federal grant to assess the damage of a chemical spill that polluted the water...
Oasis Consortium of 21 Insurers, Brokers Launches Independent Cat Model January 28, 2014 The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural...
Ohio Chiropractor Owes nearly $70K for Workers’ Comp Fraud January 28, 2014 An Ohio chiropractor was sentenced to pay nearly $70,000 in restitution and investigation costs to the Ohio Bureau of Workers’...
Louisiana Clinic Worker Arrested for Prescription Drug Fraud January 28, 2014 Baton Rouge, La., police have arrested one man accused of being part of a prescription drug ring in which more...
Oil Train Catastrophe Risk Weighs on Insurers: Kemp January 28, 2014 By John Kemp In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area,...
Securities Class Actions Up 9% in 2013 But Below Average January 28, 2014 Plaintiffs filed 166 new federal securities class actions in 2013, a nine percent increase over 2012, however, the 2013 total...
White House Balks at Flood Insurance Delay, Agent Licensing Bill January 28, 2014 By Andrew G. Simpson The Obama Administration has problems with the Senate bill that would delay flood insurance premium increases and create an agent...
Ratings Recap: Ocean Re, RoyalStar, Echelon January 28, 2014 A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to...
Cargo Specialist Franks Joins Marketform Underwriting Team January 28, 2014 London-based Lloyd’s specialist underwriter Marketform announced that it has “secured the consultancy services of experienced marine practitioner Howard Franks who...
Xchanging Strengthens APAC Ties with New Office in Singapore January 28, 2014 Xchanging plc, the business process, procurement and technology services provider, announced an expansion of its presence in Singapore, with the...