EQECAT Inc. plans to unveil a “state-of-the-art Offshore Energy Model” during its March Catastrophe Management Conference. “The driving factors behind EQECAT’s effort were the 2004 and 2005 hurricane seasons,” explained President Rick Clinton. “The resulting offshore energy related losses, which …
In its just released sigma study, “Natural catastrophes and man-made disasters in 2006”, Swiss Re notes that “losses due to natural catastrophes and man-made disasters were below the long-term trend in 2006.” Cat losses totaled around $48 billion, of which …
Investigators with the Economic and Employment Enforcement Coalition (EEEC) issued 23 citations in March to businesses in the restaurant industry. A total of 32 restaurants were visited in San Diego and Orange Counties during the sweep. EEEC is a multi-agency …
President Bush’s signature is the last step needed to get federal disaster money flowing to the 31 California counties that were hit hard in the January freeze, Gov. Arnold Schwarzenegger said. The freeze devastated more than $1.32 billion in citrus …
The Diocese of San Bernardino will not use money parishioners have donated to build new churches to settle cases of clergy sexual abuse, Bishop Gerald R. Barnes said. The diocese is named in at least 17 pending lawsuits by people …
Beecher Carlson, based in Atlanta, Ga., has expanded its National Casualty Practice with the appointment of Sharon D. Brainard as senior vice president. Brainard brings over 13 years of experience to Beecher Carlson with expertise and specialization in the design, …
The Property Casualty Insurers Association of America (PCI) has expanded its federal advocacy capabilities by hiring Kate Prible as director, federal government affairs, effective March 5. Prible comes to PCI after six years as director, federal legislative affairs with the …
New Mexico’s Public Regulation Commission is asking why former Insurance Superintendent Eric Serna did not investigate a title insurance company that admitted giving more than $300,000 to a builder in what a state official termed as kickbacks. That inquiry will …
A bill to require Idaho insurers to offer coverage for accidents involving underinsured drivers passed the Senate, overcoming objections from two insurance agents who said it could increase costs. The measure now goes to the House. Underinsured motorists coverage pays …
A bill to give greater protection to victims of identity theft recently passed the Oklahoma State Senate. The measure, Senate Bill 567, was authored by Sen. Randy Bass as a result of an incident in his district. “This man was …