The Texas Department of Insurance (TDI) has issued a cease and desist order to the National Foundation of America (NFOA) for engaging in the business of insurance without a license. According to TDI, NFOA, based in Tennessee, claims to be …
A statewide system to verify that drivers in Texas have insured their vehicles to the extent required by law is in the process of being developed and is expected to go online in early 2008, according to one individual whose …
Nine more Kansas counties have been declared eligible for federal assistance to repair public facilities damaged by this month’s violent weather. The declaration by the Federal Emergency Management Agency applies to Comanche, Dickinson, Ellsworth, Jackson, Lincoln, Osage, Ottawa, Pottawatomie and …
A minor earthquake shook parts of South Carolina’s Richland Count on last Thursday, emergency management officials said. Earthquake sensors in South Carolina pegged the quake at a magnitude 2.4, according to the U.S. Geological Survey. “At that magnitude, it should …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-“of Bermuda-based XL Capital Ltd’s operating subsidiaries. Best also affirmed the ICR of “a-” and the existing debt ratings of …
Liabilities follow the insurance industry as the night follows the day. So, it’s not terribly surprising to learn that a new study – “Limiting Liability in the Greenhouse: Insurance Risk-management Strategies in the Context of Global Climate Change* – highlights …
The father of Josh Hancock filed suit, claiming a restaurant provided drinks to the St. Louis Cardinal’s relief pitcher even though he was intoxicated prior to the crash that killed him. The suit, filed in St. Louis Circuit Court by …
About 25 percent of the District of Columbia’s fire hydrants require replacement or urgent repairs, the city’s fire chief said this week, giving the bleakest picture yet of the problem. D.C. Fire Chief Dennis L. Rubin told a D.C. Council …
A federal judge has approved a class-action settlement between a chemical company and the residents of a southwestern Louisville, Kentucky neighborhood. Under the settlement approved by U.S. District Court Judge John Heyburn, Hexion Specialty Chemicals will spend about $4 million …
Officials in the Delta have accused the government of trying to scare local residents into buying flood insurance by suggesting the Mississippi River levees could be breached as were those around New Orleans during Hurricane Katrina. The Federal Emergency Management …