Online Insurance Leads Clarification
Many agents stay away from online insurance leads because they are not sure of what they offer, how much they cost, or how to get started. If you let the unknown scare you away from buying these leads, it is …
Mississippi Emergency Agency Reports Damage in Latest Round of Tornadoes
Severe weather and tornadoes moved through several North Mississippi counties on May 8 causing damage to property and infrastructure. The state emergency operations center in Pearl, Miss. posted initial damage reports in four counties including building and roof damage to …
South Dakota High Court Says Auto Insurance Covers Gun Accident
The South Dakota Supreme Court says an auto insurance policy covers injuries caused when a rifle accidentally fired in a pickup being used to drive deer hunters to the field. A 14-year-old boy was shot in the ankle November 2001 …
Coal Mining Company Cited for Violations in West Virginia Mine Death
Federal investigators cited coal operator Massey Energy Co. for safety violations that contributed to the death of a West Virginia miner last year, according to a federal report released May 7. The U.S. Mine Safety and Health Administration found the …
Iowa Company to Contest Citations in Worker’s Death
A company says it will contest citations issued by state safety regulators in a worker’s death at an ethanol plant under construction in northern Iowa. Kenneth Sterling, of Austin, Minn., died in February after being caught between a manlift and …
Eastern Insurance Reports Improved Workers’ Comp Results
Eastern Insurance Holdings, Inc., based in Lancaster, Pa., reported net income of $2.6 million for the first quarter of 2008, compared to net income of $3.2 million for the same period in 2007. The company said highlights for the first …
First Aid Flights May Reach Myanmar; Death Toll Could Exceed 100,000
Myanmar’s (Burma’s) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on urgently requested visas by foreign agencies several days after a devastating cyclone. Myanmar’s state media …
S&P Lowers AIG’s Ratings; On CreditWatch/Negative
American International Group’s whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor’s Ratings Services. S&P has lowered its counterparty credit ratings on AIG, and several of its subsidiaries with ratings that are …
AIR Analyzes Tokyo Earthquake
AIR Worldwide has released an analysis of a strong earthquake that struck just off the Japanese island of Honshu on Wednesday. The trembler rattled buildings in downtown Tokyo and briefly cut power to thousands of residents 48 kilometers to Tokyo’s …
European Utility Companies May be Underinsured, Warns Marsh
The “Marsh Power Forum” in Paris this week identified potential insurance problems for the industry. Marsh noted that “the combination of rising demand and insured costs in Europe’s electricity sector could risk leaving power utilities firms underinsured.” Gordon Springett, Leader …