The National Association of Insurance Commissioners released an updated version of the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business. The report includes countrywide direct written premium for the top 25 groups …
San Diego Superior Court Judge Patricia Yim Cowett has ordered Starbucks to pay more than $100 million in tip pool money to employees because she said the coffee chain used tip money to pay shift supervisors, a practice that violates …
A commission created after a Lake Tahoe blaze destroyed more than 250 California homes voted unanimously to seek state and federal emergency declarations to combat what it says is an imminent threat of catastrophic wildfire. Declarations by President Bush, California …
The Bush administration said it recognizes the seriousness of the potential shutdown of ocean salmon fishing off Oregon and California this year and will consider as soon as possible whether to declare a federal fisheries failure. “We will work with …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Cologne Reinsurance Company (Dublin) Ltd. (CRD) with a stable outlook. “The ratings reflect the continued orderly run-off of CRD’ s …
Torrential rains this week that led to widespread flooding damaged hundreds of homes and caused at least $2 million in damages to infrastructure, the Arkansas Department of Emergency Management said in a preliminary report. The agency said Baxter County had …
A bid by two units of Entergy Corp. to finance their hurricane-damage repair costs through a quasi-government agency were again delayed amid questions about the state’s liabilities in the arrangement. Entergy Louisiana and Entergy Gulf States-Louisiana requested approval for a …
Arkansas Gov. Mike Beebe has declared 26 counties disaster areas due to the damage from this week’s heavy rains and floods. Beebe’s office said last week that more counties are likely to be added to the list, considering the flood …
The Forrest County, Miss., coroner says no required safety devices were being used in a collapsed trench that killed three workers at the Hattiesburg-Forrest County Industrial Park. U.S. Occupational Safety and Health Administration officials will lead the investigation of the …
Only 1.3 percent of Kansas homes carried flood insurance in 2007, according to the Federal Emergency Management Agency (FEMA). FEMA is urging Kansans to buy flood insurance during what is the 15th anniversary of the flooding that swept the state …