There really is no place like home. And, no matter where one makes their home, wind damage is a very real possibility. Each year approximately 1,000 tornados are reported in the United States, the majority occurring during the spring and …
Arkansas Secretary of State Charlie Daniels reminded businesses, including insurance organizations, that they should be aware that the filing deadline for franchise taxes is one month earlier this year with monies due to the state on May 2, the Associated …
The Florida Court of Appeals, Second District, on April 20 issued its opinion in First Protective Insurance Co. v. Featherston, upholding the validity of a business exclusion in a homeowners insurance policy. “This decision recognizes a contract is a contract …
AIG Consultants Inc., a member company of American International Group, announced the launch of its Business Protection Division. The new unit, which was developed in tandem with AIG Corporate Security and AIG Global Business Continuity, “will provide consulting services that …
A man who was a graduate physics student at the California Institute of Technology was sentenced this week to 100 months in federal prison for his conviction last year on a series of arson charges related to firebomb attacks on …
Acting Gov. Richard Codey announced on Wednesday President Bush has declared a major disaster area for the State of New Jersey resulting from the severe storms and flooding that ravaged the state earlier this month. The declaration paves the way …
The Department of Homeland Security’s Federal Emergency Management Agency (FEMA) is bringing together community, college and university leaders from across the Midwest this week to discuss strategies to better utilize the vast resources of geospatial information for disaster mitigation and …
A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and has upgraded the issuer credit rating to “bbb+” from “bbb” of Electro Re SA (Luxembourg). The outlook is stable. The rating action reflects Electro Re’s excellent …
Specialty Underwriters’ Alliance Inc., a property and casualty insurer, announced the implementation of its collateral recovery customer class through its partner agent, AEON Insurance Group. Collateral recovery is designed for the professional repossessor and offers coverages for general liability, auto …
The deadline to obtain federal assistance made available to reimburse state and local governments, and some private non-profit organizations for costs associated with clean-up of January’s record snowfall is fast approaching for Massachusetts counties. Counties made eligible for federal snow …