GMAC Insurance announced today that it will donate a total of $33,500 to 19 charities across the U.S. The contributions will be awarded as prizes in the GMAC Insurance Agency Community Challenge, a program designed to help independent agents grow …
Despite cleanup efforts, some Jackson County, Miss., homes still have mold festering behind walls and under leaky windows two years after Hurricane Katrina. “It’s growing. It’s in the vents and the walls. It makes you itch all over,” said Perry …
Former Oklahoma Insurance Commissioner Carroll Fisher surrendered to authorities at the Oklahoma County jail to begin a three-year prison term in a campaign-corruption case. Fisher arrived at the jail with his attorney, Robert Wyatt, and declined comment. Fisher, 67, has …
From its grassy surface, the 112-acre mound seems harmless, a vast but benign-looking field ringed by hundreds of small homes. But signs wired to the chain-link fence hint at something potentially sinister lurking beneath. “No Trespassing,” they warn. “Contaminated materials …
More South Dakotans have gotten in the habit of buckling up in the past year. The state Office of Highway Safety said 73 percent of drivers and passengers now use their seatbelt. That’s up from 71 percent last year. The …
Mattel Inc. CEO Robert Eckert and U.S. product safety inspectors will face questions from senators next week as Congress begins probes of toy safety and a recent rash of recalls. A Senate Appropriations subcommittee led by the Senate’s No. 2 …
Standard & Poor’s Ratings Services has published a commentary, titled, “Bermuda Class Of 2001: Five Years On,” which examines the present state of recent Bermuda reinsurance start-ups. S&P’s report notes that the new Bermuda companies – the majority were formed …
In a new report, issued as one of several in conjunction with the annual Reinsurance Rendezvous in Monte Carlo, Standard & Poor’s Ratings Services examines the efforts of global reinsurers to diversify their portfolios. The report titled “Reinsurer Diversification: A …
Zurich Financial Services Group stated that, “based on its current best estimate it expects aggregate claims payments related to floods that occurred in the UK in July 2007 will not exceed $260 million before tax” – net of reinsurance. The …
London-based service provider RI3K announced the completion of its new message service for the insurance and reinsurance industry, following extensive trials to assure that “it is scalable, secure and fit for purpose,” said the bulletin. The RI3K Message Service offers …