Property Casualty Insurers Association of America senior vice president, government affairs, Carl Parks, on Wednesday released the following statement on the proceedings before the Senate Judiciary Committee on the proposed asbestos trust fund: “Senate Judiciary Chairman Arlen Specter (R-Pa.) is …
Panelists and even the audience dispute Florida Insurance Council and Florida Office of Insurance Regulation statistics indicating that a large percentage of claims from the four hurricanes that hit Florida in 2004 have been settled. In his welcoming address Charles …
North Carolina Electric Co-op officials are urging parents to counsel children about electric safety in the wake of a controversial segment of the NBC reality program Fear Factor. The show ran a segment that reportedly had contestants running through a …
A husband and wife who operated a Massachusetts construction scaffolding company have been charged with paying employees “under-the-table” in order to evade millions of dollars in payroll taxes, workers’ compensation insurance premiums and union health and welfare benefits. United States …
Robert Friedland, chairman of Ivanhoe Capital Corporation, reportedly welcomed the Colorado Supreme Court decision this week that reinstated his insurance claim against The Travelers Indemnity Company over costs relating to the former Summitville Gold Mine. In a ruling released on …
Texas Insurance Commissioner José Montemayor recently delivered to Gov. Rick Perry and the Texas Legislature the final report on a credit scoring study conducted by the Texas Department of Insurance. In a letter introducing the study, Montemayor told lawmakers that …
The Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has announced their updated, in-depth guide to citizen preparedness, Are You Ready? is available to individuals, families and community preparedness groups who are looking for a comprehensive source of what …
Aon’s Trade Credit division has published its annual analysis of the world’s trade credit and political risk hotspots as illustrated in a new “2005 Political and Economic Risk Map.” The world’s second largest broker also warned that U.S. firms potentially …
Five insurance companies are set to recover 2.3 million euros ($3 million) from the French government, while Air France will collect 850,000 euros ($1.1 million) as the result of a court ruling in Marseille stemming from the near crash of …
Standard & Poor’s Ratings Services announced that it has affirmed its “A” long-term counterparty credit and insurer financial strength ratings on Bermuda-based insurer The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Ltd. (the U.K. Club or the club), with …