The National Flood Insurance Program is over $17 billion in debt according to the American Academy of Actuaries, adding further anxiety to a proposal to add wind peril coverage to the national plan. While the U.S. House of Representatives passed …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and assigned issuer credit ratings (ICR) of “bbb+” to Arbella Insurance Group of Quincy, Mass. and its members – Arbella Mutual Insurance Company and its majority-owned subsidiaries, …
With the arrival of fall, motorists should be more aware of deer while traveling on Michigan roadways. October and November are two of the most dangerous months in Michigan for car-deer crashes. “Car-deer crashes in Michigan cause at least $130 …
Local miners told the Utah Mine Safety Commission that more regulations would do little to improve safety at the state’s mines. The commission was formed by Gov. Jon Huntsman to explore whether Utah should begin regulating its mines after the …
Toys and children’s necklaces made in China were recalled Wednesday, including five more items from the popular Thomas & Friends Wooden Railway product line, because they contain dangerous levels of lead. RC2 Corp.’s “Knights of the Sword” series toys and …
For the first time in five years, the state has revised its map showing where earthquakes have shaken Ohio. The Department of Natural Resources says more than 30 quakes have been recorded in and around the state since the last …
A Montana District Court jury has awarded a former BNSF Railway employee more than $1 million for a neck injury he suffered while working. Paul Roney, 61, of Shelby, said he sustained a severe neck injury on April 25, 2002, …
Property insurers in Louisiana should continue mediating outstanding claims of homeowners who sustained damages in Hurricane Katrina and pay the costs of the sessions, although they are not legally obligated to do so, state Insurance Commissioner Jim Donelon told the …
Disaster assistance to Texas residents and businesses affected by June 16 – Aug. 3 severe storms, tornadoes and flooding has reached $55,541,143, according to state and federal officials. The aid comes from the U.S. Department of Homeland Security’s Federal Emergency …
More than $1 million was recovered on behalf of consumers by the Connecticut Insurance Department’s Consumer Affairs Division during the second quarter, according to Insurance Commissioner Thomas R. Sullivan. The bulk of consumer complaints are associated with accident and health …