Reporting that more than 99 percent of homeowners insurers are voluntarily complying with his order to extend the prescriptive period for policyholders to file a lawsuit as result of a hurricane-related insurance claim, Louisiana Commissioner of Insurance Jim Donelon announced …
A blaze that destroyed The Evening Times building in West Memphis, Ark., and all its equipment – including the printing press, computer system and all advertising and news files – won’t keep the staff from doing “everything in the world …
Plans to rebuild the badly flooded eastern part of New Orleans, La., are giving residents new hope that their neighborhoods can be better than before Hurricane Katrina. The plan, unveiled Aug. 12, calls for three major bicycle paths, a French …
Two people died and a third was missing and presumed drowned Sunday in an attempt to rescue a young boy from the swirling water near a dam on the Kankakee River in Wilmington, Ill. authorities said. Although Brian Santoyo, 4, …
Motorists who take reasonable action to avoid hitting large animals on the road cannot be held liable for negligence, the Colorado Court of Appeals ruled Thursday. It was the first time a Colorado court has set guidelines on how to …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Swiss-based Glacier Reinsurance AG. Best also removed the ratings from under review with negative implications, but assigned them a …
In one of the most somber assessments yet of the consequences of global warming, scientists at the U.K.’s University of Bristol (http://www.bris.ac.uk.) warned: “As temperatures rise with global warming, an increased risk of forest fires, droughts and flooding is predicted …
A.M. Best Co. has placed the financial strength rating of “B+” (Very Good) and the issuer credit rating of “bbb-” of Lebanon’s Arab Reinsurance Company S.A.L. under review with negative implications. “The under review status of Arab Re follows the …
The former head of the Ohio state’s insurance fund for injured workers urged subordinates to be discrete about the fund’s $215 million investment loss in the days leading up to the 2004 election, a newspaper reported last weekend. In an …
Mississippi Gov. Haley Barbour says more than $4 million in federal money is being divided among Mississippi coastal cities and counties so they can hire additional code-enforcement officers and building inspectors. Barbour said the new hires should help communities speed …