Governor Jim Doyle has asked the Federal Emergency Management Agency (FEMA) to conduct a preliminary damage assessment in cooperation with Wisconsin Emergency Management and local officials as a first step to determine if Wisconsin will request federal disaster relief for …
Oklahoma Gov. Brad Henry has signed Senate Bill 1164, a measure designed to help protect victims of identity theft. According to the Senate Communications Office, State Sen. Mike Johnson, R-Kingfisher, is principal author of the bill, which creates an “Identity …
The National Association of Professional Insurance Agents joined other associations in calling for the National Flood Insurance Program to be renewed before it expires at the end of the month. The PIA has initiated a nationwide grassroots action campaign, asking …
San Antonio-based auto insurer USAA announced that it has “already reduced, or has plans to reduce, automobile insurance rates by an average of 7 percent in almost all states.” “As a result, USAA auto policyholders will save more than $900 …
A report from the Association of British Insurers (ABI) concludes that climate change is real, and has caused severe weather patterns that have increased claims and will continue to do so. The ABI called for action now to manage climate …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Converium AG (Switzerland) and its core subsidiaries. The outlook for all ratings is stable. “The ratings reflect expected improvement in Converium’s consolidated earnings in …
Vermont Gov. James Douglas’ (R) veto of a bill (H. 780) that would have expanded underinsured (UIM) motorist coverage will save Vermont drivers from higher auto insurance costs. According to the American Insurance Association (AIA, the bill would have reversed …
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit and financial strength ratings on Hanover Insurance Co., Citizens Insurance Co. of America (MI), and their property/casualty affiliates: Hanover Lloyd’s Insurance Co. and Massachusetts Bay Insurance Co. (collectively referred …
North Carolina Gov. Mike Easley has declared a state of disaster and emergency for Bolton, Lake Waccamaw, Chadbourn, Tabor City, Fair Bluff and Whiteville due to a Jan. 26-27 ice storm. The towns qualify for a Type 1 Disaster Declaration …
Gov. Bob Wise on Tuesday announced that a federal Major Disaster Declaration for West Virginia has been granted by the President because of recent severe flooding in the state. “I thank the President for granting this declaration,” Wise said. “Now …