A powerful earthquake off western Indonesia triggered warnings of a potentially destructive tsunami across much of the Indian Ocean region Wednesday, meteorological agencies said. [IJ Ed. Note: Several powerful aftershocks also triggered Tsunami warnings, but as of 7:00 a.m. EDT, …
Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential -” concludes that there are “good growth prospects” in the region, …
A new study from the London-based F&C Asset Management Group sounds a warning to the insurance community that the effects of climate change could have devastating consequences. “The magnitude and frequency of extreme weather events such as hurricanes, floods and …
Blount County, Tenn., officials have approved using a state grant to pay for stepped-up traffic enforcement in a curvy Smoky Mountains foothills highway popular with motorcyclists. The stretch of U.S. 129 is known as The Dragon because it has 318 …
The daily commute to a high school on Hatteras Island offered Dare County teacher Lisa Duke a gorgeous drive on a scenic highway with the ocean on one side and Pamlico Sound on the other. But the few hundred feet …
States should require motorcycle riders to wear proper helmets, government investigators urged as part of several recommendations that seek to stem a steady rise in motorcycle deaths. Members of the National Transportation Safety Board unanimously approved the motorcycle safety recommendations, …
A.M. Best Co. has placed the financial strength rating (FSR) of “B++” (Good) and the issuer credit rating (ICR) of “bbb” of Texas-based American Agri-Business Insurance Company (AA-BIC) under review with positive implications, as a result of the announcement that …
A.M. Best Co. has affirmed the financial strength rating of “B++” (Good) and the issuer credit rating (ICR) of “bbb” of Germany’s SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG (Sovag) (Germany) with a stable outlook. The affirmation reflects Best’s expectations of “a …
Crews worked through the night to fight a wildfire that has blackened nearly 100 square miles and chased scores of people from their homes in the northern Sierra Nevada in California. The fire in the Plumas National Forest was just …
Janet Rowlett has been promoted to claims manager of the Stockton District Office for California’s State Compensation Insurance Fund. Rowlett brings 21-years of workers’ compensation experience to her new post which started when she was hired as a customer service …