The Federal Emergency Management Agency opened a center in southern Kentucky about a mile from where a winter storms tore apart homes and killed four people earlier this month. FEMA workers are at a Mobile Disaster Recovery Center at the …
The Knoxville, Tenn., Fire Department is investigating a large apartment fire that left about 60 people homeless. Knoxville Fire Captain Brent Seymour told WVLT-TV that the flames started about 3:30 a.m. Thursday. Residents were evacuated from their apartments, and no …
Guy Carpenter & Co. and GC Securities, its investment banking arm, announced publication of “The Catastrophe BondMarket at Year-End 2007: The Market Goes Mainstream.” The report is the sixth annual review of catastrophe bond transaction activity and market dynamics, and …
UK insurer Aviva beat forecasts with a one percent rise in 2007 profit, as strong growth in life sales offset the heavy cost of Britain’s summer floods. The Group aims to double earnings per share by 2012. Britain’s largest insurer, …
American International Group , on the heels of reporting its largest-ever loss, said on Friday the subprime crisis had thrown it into “uncharted waters” that were likely to remain choppy through 2008. The world’s biggest insurer did not rule out …
With all of the conflicting opinions about insurance leads and their value to your business, which information can you trust? Some say insurance leads are essential to today’s insurance market; others believe buying leads will cut into your profit and …
A Berkeley County, W. Va., Grand Jury indicted two men for presenting fraudulent certificates of insurance as true documents, according to West Virginia Insurance Commissioner, Jane L. Cline. Richard E. Thompson Jr., 37, of Martinsburg, W. Va., was indicted on …
A $100 million lawsuit claiming that NBC Universal Inc. prompted the suicide of a former Texas prosecutor who was a pedophile suspect is moving ahead after ruling by a U.S. federal judge earlier this week. U.S. District Judge Denny Chin, …
Hastings Mutual Insurance Co. has earned a Financial Stability Rating (FSR) of A”, Unsurpassed, from the rating organization Demotech, Inc. According to Demotech, this level of FSR is assigned to insurers with unsurpassed financial stability related to maintaining positive surplus …
A California Court of Appeals in the Second Appellate District has held that defendants are entitled to introduce evidence of a nonparty medical professional’s fault in aggravating a plaintiff’s injuries, and to seek a fault allocation against that professional, for …