The largest satellite “launch insurance package ever placed has been completed by broker Willis Inspace, with a Lloyd’s underwriter leading the risk,” for Europe’s Eutelsat, the world’s third largest satellite operator, notes an article on the Lloyd’s web site (www.lloyds.com). …
The ESOP (employee stock ownership plan) Association selected Carl Warren and Company to receive their annual award for communications excellence (AACE) in programs and special events. The AACEs are sponsored each year by the ESOP and recognize the outstanding communications …
California safety inspectors are investigating what caused the mechanical failure of a carnival ride that injured 23 people, mostly children, at the Calaveras County Fair. The swinging-chair ride, called the Yo-Yo, broke down on May 16 sending the riders crashing …
Federal officials say a Chicago-based company is recalling beef products distributed in 11 states because of possible E. coli contamination. The U.S. Department of Agriculture said on Saturday, May 17th that no illnesses have been reported from the meat, produced …
Two Folsom, Calif., men were arrested in connection with arson and insurance fraud. Donald Walker, 21, turned himself in on May 15, and was booked into the Sacramento County Jail. Walker was charged with two felonies including insurance fraud and …
Some Alabama motorists may need to buy more auto liability insurance in a few months. Gov. Bob Riley said he intends to sign legislation raising Alabama’s minimum insurance requirements for the first time in 25 years. The Legislature approved a …
A federal judge has ordered Mississippi attorney Richard “Dickie” Scruggs to turn over policyholder records to State Farm Fire and Casualty Co. within 15 days. Bloomington, Ill.-based State Farm is entitled to records two former adjusters took and gave to …
The Charleston, S.C. mayor is blaming the owner of a furniture store for the deaths of nine city firefighters, saying illegal additions to the building turned a small trash fire into a raging inferno. Mayor Joe Riley’s comments to The …
Michigan’s Office of Financial and Insurance Regulation (OFIR) Commissioner Ken Ross recently issued an order disapproving a rate filing for Michigan Basic Property and Insurance Association (Michigan Basic), the insurer of last resort for homeowners’ insurance in Michigan. If approved, …
Maine law enforcement agencies are joining a nationwide effort to crack down on seat belt scofflaws later this month. Police agencies say the coast-to-coast “Click it or Ticket” campaign will feature random safety roadblocks. It’ll run from May 19 to …