A medical malpractice report on closed claims data indicates that overall claims are down in Washington. This is the third medical malpractice closed claim report issued by state Insurance Commissioner Mike Kreidler. It analyzes trends in medical malpractice claims for …
Total property losses from the Southern California wildfires have not yet been tallied, but Craig Weber and Donald Light, senior analysts at Boston-based financial research and consulting firm Celent said it’s already “go time for insurers.” According to the analysts, …
In a move to help ranchers and farmers get low-interest loans and other assistance, Gov. Jim Gibbons has asked for a federal disaster declaration because of drought conditions and a bad fire season in Nevada. “The entire state has suffered …
Wells Fargo Third Party Administrators Inc., a subsidiary of Wells Fargo & Co., has acquired JSL Administrators, with offices in Newnan, Georgia and Fayetteville, N.C. The acquisition closed Oct. 1, 2007, and terms of the transaction were not disclosed. JSL …
The Phoenix area has the nation’s fourth highest auto-theft rate, according to a recent National Insurance Crime Bureau report. Of the 54,849 vehicles that were stolen in Arizona in 2006, nearly 40,000 of them were snatched from those three cities, …
Bermuda-based AXIS Capital Holdings Limited has extended the employment agreement of John Charman, CEO and president, to Dec. 31, 2009. AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at June 30, …
The wildfires burning out of control in Southern California should sound an alarm for homeowners to prepare for disasters before they strike. Homeowners need to have an evacuation plan in place and make sure they have insurance protection for their …
Several dozen airports painted brighter runway markings, airlines began new pilot training and regulators agreed to order clearer taxiing instructions as part of a two-month industrywide effort to improve U.S. aircraft safety on the ground. Acting Federal Aviation Administrator Bobby …
Vermont law enforcement agencies fighting Internet crimes against children are getting some help from the federal government. U.S. Attorney Tom Anderson says the Internet Crimes Against Children Task Force will receive a $250,000 grant from the Justice Department. The Internet …
In the months before issuing a massive recall of its frozen hamburgers, Topps Meat Co. curtailed testing of ground beef and skipped other safeguards aimed at preventing contaminated meat from reaching consumers, according to a published report Tuesday. Three batches …