Many Mississippians whose homes were damaged or destroyed by Hurricane Katrina’s onslaught are beginning to repair and rebuild. The Mississippi Emergency Management Agency (MEMA) and the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) have some practical suggestions for …
The U.K.’s Wellington Underwriting plc, whose wholly owned subsidiary Wellington Underwriting Agencies Ltd. manages Syndicate 2020 at Lloyd’s, has released a further update about the extent of losses sustained from hurricanes Katrina, Rita and Wilma. Wellington, which also operates several …
Cat bonds seem to be enjoying something of a revival in Europe, largely as a response to increased windstorm and flood losses, as well as the passage of Hurricane Katrina. Munich Re recently increased its commitment to risk management through …
The United Nations 2005 Climate Change Conference gets under way in Montreal today – the first such meeting to be held since the Kyoto Agreement came into force earlier this year, and the largest gathering since the Kyoto Conference itself …
Hurricane Wilma was briefly the most intense Atlantic storm on record as it moved through the Caribbean toward the Gulf Coast. That was the last thing Gulf residents wanted to hear. Two months earlier, Hurricane Katrina had killed 1,300 people …
Thousands of drivers in Mississippi can expect their auto insurance rates to increase dramatically after Jan. 1, when the minimum required coverage in the state will double, increasing costs for even those who have less than the minimum coverage. The …
The owner of a fire equipment company in Buxton, Maine has been sentenced in U.S. District Court to two months imprisonment for his role in falsifying fire extinguisher tests. Dale Nason, 49, who pleaded guilty last summer to 18 violations …
A Missouri bus company’s insurance company has asked a federal judge to determine how $5 million in potential damages would be distributed to more than 40 possible people or groups involved in crash of a bush chartered by Central Bible …
Kingsway Financial Services Inc. of Toronto has entered into a program management agreement with The Robert Plan Corporation. to have RPC service its U.S. assigned risk automobile accounts. The agreement is effective for new and renewal business on and after …
A Calcasieu Parish, La., grand jury has decided to take no action against the former Vinton police chief who was arrested earlier this year on charges of extortion, malfeasance in office and insurance fraud, the Associated Press reported. The grand …