The National Flood Insurance Program (NFIP), which is managed by the Department of Homeland Security’s Federal Emergency Management Agency (FEMA), has been authorized to borrow $18.5 billion for damage claim payments to hurricane victims. Flood insurance claims from this year’s …
The National Transportation Safety Board has adopted a final report on its investigation into the derailment of a commuter train in Chicago in 2003, saying that the train’s engineer failed to observe and comply with signal indications. At the same …
ASI Industries and Atlantic Stone Industries LLC, both located in Marlborough, Mass., have been fined a total of $106,100 by the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) for 14 instances of reportedly failing to correct hazards cited …
Roslynn Mauskopf, United States Attorney for the Eastern District of New York, announced that top executives of Allou Healthcare Inc. and related companies pleaded guilty to crimes arising from a massive corporate fraud scheme at Allou. The indictment detailed a …
Many survivors and evacuees of Hurricanes Katrina and Rita are temporarily located in housing across the Gulf Coast states. People are living in travel trailers in commercial properties, state parks, or on private land, but no matter where Louisiana residents …
The Insco Dico Group announced today that Dave Paloma has joined their team of surety professionals as Regional Manager of their Glendale, California and Tempe, Arizona branch offices. Dave was most recently with CNA Surety in Phoenix, Arizona as Underwriting …
The 2005 hurricane season’s record-setting $40 billion in claims underscores the need for reform in order to keep insurance coverage available and affordable in coastal areas, according to insurance executives at CSC Future Focus, a two-day conference hosted by Computer …
Some extended families may not be receiving all the aid they are eligible for because they are living together temporarily and have applied from the same address according to the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA). …
A Martinez, Calif., Shell oil refinery leak that sprayed 150 gallons of oil over the downtown area could cost the company more than $1 million to clean buildings and vehicles. As of Nov. 22, more than 3,500 claims had been …
After Hurricane Katrina, flood-damaged cars in Louisiana’s hardest-hit parishes were left sitting in water contaminated with e coli and fuel for up to four weeks before insurance companies could get in and start pulling them out. Environmental officials advised that …