With spring following closely on a winter characterized by heavier than normal snow, Iowa Insurance Commissioner Terri Vaughan is urging Iowa residents to protect their homes, businesses, and possessions from the possibility of devastating flood losses. The potential for heavy …
A combination of heat, pressure and explosives was used last week to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …
The New Mexico legislature’s regular 30-day session adjourned last month with reported progress. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider additional issues. This year, Governor …
American International Group Inc. (AIG), announced the formation of AIG Higher Education Risk Solutions, a division of the property and casualty insurance subsidiaries of AIG, to address the growing risks faced by colleges and universities. The new unit’s Educators Elite …
Washington Insurance Commissioner Mike Kreidler assumed control of Western United Life Assurance Company this week in a move intended to assist the Spokane insurer deal with financial problems reportedly stemming from its parent holding company. Western United has operated under …
Texas Mutual Insurance Company announced its newest workers’ compensation purchasing group: Texas Green Industry. The group, which includes growers, landscape contractors, nurseries, and other green industry businesses, will provide qualifying members with a competitive option for workers’ comp coverage. The …
In a move supported by the American Insurance Association (AIA), South Carolina House leaders earlier this week decided against appropriating $40 million from the state workers’ compensation Second Injury Fund (SIF) to help balance the state’s budget. The original budget …
Atlanta-based Crawford & Company was recently named one of three national service providers to offer property, casualty, and workers’ compensation claims handling to CNA Insurance Companies. “Crawford is honored to be chosen as the primary provider for such a prestigious …
Fastsnap.com, an online digital photo service provider for the property/casualty industry, announced a new service targeted at Claims Divisions. This new service will reportedly provide timely and accurate digital photos of intersections where accidents have occurred to assist in the …
The Louisiana Oilfield Contractors Association (LOCA) formed a group self insurance fund for workers’ compensation coverage for participating members, marking the first time this successful risk transfer mechanism has ever been employed for energy sector business owners. According to LOCA, …