Seattle-based Safeco reported operating earnings, after tax, which exclude net realized investment gains and loss on debt repurchases, of $174.6 million for the first quarter of 2007, compared with $199.3 million in the prior-year period. Net income for the first …
Indiana Insurance today announced that it will offer Violent Event Response Coverage beginning in July, 2007 to its public and private school policyholders throughout the Midwest and Midsouth. Recognizing that most general liability policies do not cover many expenses and …
The house in rural southeast Kansas where Greenwood County Sheriff Matt Samuels was killed in 2005 burned down last week, and authorities suspect arson. Three properties at Hilltop in Greenwood County, including the house where Samuels was serving a warrant …
In the wake of Hurricane Katrina’s devastation, the U.S. government failed to take advantage of millions of dollars in foreign aid from its allies, The Washington Post reported. The U.S. has collected about $126 million and used just $40 million …
Some Jersey shore legislators say the formation of a task force meant to make changes to shore-area evacuation routes — for use in the event of a hurricane — needs to be done quickly. On Jan. 30, the state Assembly …
Rhode Island is prepping for the worst hurricane to ever crash into New England — on paper at least. About 250 federal emergency management officials plan to stage a response to the fictional “Hurricane Yvette” from a “storm center” at …
Swiss Re announced from the RIMS Convention in New Orleans that its Global Asset Protection Services (GAPS) are offering new consulting capabilities to improve the management of risks that result from wind and earthquake damage. Benefits include increased underwriting capacity, …
A major climate meeting opened Monday in the Thai capital with delegates debating how to rein in rising greenhouse gas emissions that could threaten hundreds of millions with hunger and disease in the coming decades. For the rest of the …
In its search for ways to “make it easier for underwriters and brokers to ensure that insurance contracts are right first time,” Lloyd’s has begun testing a new system that will check insurance slips automatically. A “user group of market …
With Louisiana’s hurricane recovery stymied in part by skyrocketing property insurance rates, Gov. Kathleen Blanco has a plan to ease the problem: Offer insurance companies $100 million in incentives. But in an election year, Blanco might struggle to persuade Louisiana …