Weather researchers at N.C. State University say a half dozen or more tropical storms may become hurricanes this year, with at least one making landfall on the southeast coast. Dr. Lian Xie and graduate student Elinor Keith said in a …
A 43-year-old Gautier, Miss. woman has been arrested and charged with one count of insurance fraud. Attorney General Jim Hood said in a statement that Eva Pierce was arrested on Tuesday. Hood’s statement said Pierce’s arrest followed an investigation into …
Connecticut has moved closer toward enacting tougher rules for teenage drivers, reforms spurred by a several fatal crashes over the past year that involved teens at the wheel. The House of Representatives voted 109-33 in favor of legislation that increases …
Federal prosecutors want Berkshire Hathaway Inc. to replace the chief executive of its reinsurance subsidiary after four former executives of the company were convicted in February, according to a person familiar with the negotiations. Prosecutors and Berkshire Hathaway attorneys on …
The National Hurricane Center will implement a new technique this summer, developed by researchers at the National Center for Atmospheric Research (NCAR) and the Naval Research Laboratory (NRL), to continually monitor landfalling storms in the United States. The system, which …
Mississippi Insurance Commissioner, Mike Chaney, approved an average 11 percent rate reduction request filed by the Mississippi Windstorm Underwriting Association. The reductions will vary according to geographic zones and are expected to be in effect after June 1. The rate …
Federal officials say failure to repair 15 flood-control pumps along the Lehigh River could cost Bethlehem property owners money. The city argues that the pumps have never been used, and repairs that could cost millions of dollars are unnecessary. The …
Several mid-size cars have made strides in protecting motorists in side crashes through standard air bags and improved designs, the insurance industry reports. Crash test results released Thursday by the Insurance Institute for Highway Safety gave top scores in front-end …
Texas Attorney General Greg Abbott has charged a Houston company with selling fake driver’s licenses to immigrants. An enforcement action filed by the Attorney General asked the court to stop the defendants, Centro de Identificaciones, and its owners, Guillermo R. …
Marsh’s London office has issued a new “global benchmarking report,” which examines the use of captive insurance companies by today’s global firms. The report -“Next Generation Captives – Optimising Opportunities” – found that although annual captive premium income is estimated …