Pennsylvania-based Penn-America Group Inc. stated that based upon claims reported to date, it expects after-tax losses from Hurricanes Charley, Frances, Ivan and Jeanne, including additional reinsurance premiums, will be $3.4 million or $.23 per diluted share. Jon Saltzman, president and …
Federal and state grants to assist West Virginians with flood recovery efforts have reached $2.5 million, state and federal recovery officials said on Wednesday. President Bush’s Sept. 20 Hurricane Ivan disaster declaration for West Virginia now includes 16 counties. Federal …
American Superior Insurance Company, an insurer that writes homeowners insurance coverage for nearly 60,000 Floridians, voluntarily consented on Wednesday to be put into rehabilitation in response to losses sustained by the recent back-to-back hurricanes. The company’s premium volume in 2003 …
For the first time in Texas, workers who are injured on the job can report the injury to the Texas Workers’ Compensation Commission via the Internet. The online reporting, available in both Spanish and English, was launched as part of …
Traffic collisions are reportedly at an all-time high with around 20 million each year. At the same time, however, drivers reportedly are grossly uneducated regarding collision procedures. If someone hasn’t been involved in a collision yet, unfortunately chances are, they …
The Independent Insurance Agents & Brokers of America (the Big “I”) is hailing House Financial Services Committee passage of H.R. 4634, the Terrorism Risk Insurance Backstop Extension Act. The Association also called on the Senate to move forward on its …
Individuals and business owners who have private flood insurance may still qualify for disaster assistance from the Federal Emergency Management Agency (FEMA), state and federal officials said. Home and business owners who were affected by the recent storms and the …
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that disaster assistance has been made available for 23 additional Georgia counties to help local governments rebuild public property damaged by Tropical Storm Frances. Michael …
Wisconsin-based Wausau Benefits, a third-party administrator and Fiserv Health company, announced the launch of its newly redesigned Web site. The new site provides benefit information to users through customized portals for members, employers, providers and producers. Each portal has pertinent …
The Oklahoma attorney general’s office filed a lawsuit against an Arizona telemarketing company after the company allegedly offered Oklahoma consumers a bogus identity theft protection service, Attorney General Drew Edmondson said. The lawsuit, filed today in Oklahoma County District Court, …