Central Europe isn’t the only place in the world that faces earthquake threats (See related article). The Insurance Bureau of Canada has issued a call for the creation of an ongoing working group between the insurance industry and the provincial …
In a special report A.M. Best Co. warns that “lurking beneath Central Europe are numerous faults that rarely break the ground surface but that still could lead to large scale catastrophe losses for insurers and reinsurers.” As a result Best …
Australians battled both fires and some of the worst flooding in decades Monday that stranded residents in several communities after days of intense summer heat and storms. Bureau of Meteorology hydrologist Gordon McKay said some parts of New South Wales, …
New York drivers are increasingly finding themselves going in circles, and it’s not because they’re lost. Following a national trend, state transportation planners are actively turning right-angle intersections into roundabouts, derided by many but proven in a national study to …
The New York fire department’s average response time decreased last year for the second consecutive year even as the number calls increased slightly, the fire commissioner announced Sunday. The citywide average response time for all incidents was 4 minutes and …
SAN DIEGO, January 8, 2008 – Insurance Journal’s MyNewMarkets.com has sold out all gold and silver level sponsorships of it’s inaugural MyNewMarkets.com Exchange Conference scheduled for February 15, 2008 at the DoubleTree Hotel in Orange, Calif. Billed as an “Insurance …
Two Smiths, Ala., men have been charged on arson and burglary charges in connection with three church fires that occurred since Jan 1, State Fire Marshal Ed Paulk announced Monday. Geoffrey Parquette, 21, was charged with two counts of arson …
West Virginia officials announced that a Raleigh County woman pleaded guilty to fraudulently obtaining workers’ compensation benefits exceeding $3,800.00. On May 15, 2007, a Raleigh County Grand Jury indicted Angel M. Delung, 34, of Shady Springs, W. Va., on one …
Worker’s Compensation Fund, one of Utah’s largest insurance companies, is working to recover a laptop stolen from an auditor’s car that held personal data records for some 2,800 people. The laptop was taken Dec. 9 while the car was parked …
Bermuda-based White Mountains Insurance Group, Ltd. announced that its subsidiary White Mountains Re has acquired Helicon Re Holdings, Ltd. for approximately $150 million. Helicon Re Holdings is the parent of Helicon Reinsurance Company, Ltd. It had “GAAP shareholders’ equity of …