Derecho-Related Claims Pouring In; 22,000 Claims in Maryland So Far July 6, 2012 As the mid-Atlantic states continue to recover from last week’s destructive “derecho” storm system, insurance claims have been pouring in...
Ratings Recap: Kuwait Re, Ageas, Al Fajer Re, Generali (Notes) July 6, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit...
North Carolina Lawmakers Pass 4 Year-Ban on Sea Level Policy Changes July 6, 2012 By Allen Reed After North Carolina lawmakers were ridiculed for their attempts to ignore a state-sponsored science panel that predicted a sharp rise...
Smalling, Muller Join Tennessee’s Lexon Surety July 6, 2012 Lexon Surety Group. a Hermitage, Tenn.-based surety bonds firm, has added two people to its executive team. Jeffery Smalling will...
North Carolina Lawmakers Pass Protection for Insurance Whistleblowers July 6, 2012 North Carolina lawmakers are acting to protect whistleblowers after a hospital sued a former employee who reported what the state...
Feared El Nino Weather Could Strike in Third Quarter: Climate Forecasters July 6, 2012 The feared El Nino weather phenomenon could strike as early as the third quarter of 2012, raising prospects of wreaking...
FDA Plans IDs to Track Medical Device Safety July 6, 2012 By Anna Yukhananov Medical devices like hip implants and heart defibrillators will soon join the ranks of cars and toasters. The U.S. Food...
Storms Knock Out Power in East; Heat Threatens Corn Crop in Midwest July 6, 2012 By Ian Simpson Six days after violent storms hit the eastern United States, the state of West Virginia was struggling to recover on...
UK Insurer Aviva Culls Units in Turnaround Drive July 6, 2012 By Myles Neligan Aviva, the UK’s No.2 insurer, plans to sell or close more than a quarter of its businesses in a shake-up...
Equipment Failure, Training, Inspection Flaws at Fault for Rio-Paris Crash July 6, 2012 By Alexandria Sage and Tim Hepher Pilot error, defective sensors, inadequate training and insufficient oversight combined to send an Air France passenger plane plunging into the...