UK broker Alliance Corporate Risk Management is concerned that “with flooding having caused yet more devastation across the UK, …businesses are still not learning the lessons of previous flood disasters.” John McLaren Stewart, the company’s Chief Executive, who took part …
The UK High Court has issued a civil restraining order, which enjoins former Lloyd’s Names from bringing further lawsuits against Lloyd’s without first seeking permission from the court to do so. Lloyd’s described the judgment as “another significant step towards …
SAN DIEGO – September 11, 2008 – The MyNewMarkets.com Exchange format is proving to be a winning formula for retail agents who need markets and P&C markets who need agents. Billed as an insurance “market fair” the networking event is …
The U.S. subprime-mortgage crisis has now spurred more federal lawsuits than the savings and loan debacle of the late 1980s and early 1990s ever did, data released Wednesday shows. The number of new mortgage-related civil lawsuits filed in federal courts, …
The American Institute for CPCU and the Insurance Institute of America have replaced the SMART CD-ROM, which contained practice exams, with new SMART Online Practice Exams for 2009. The new online practice exams are available for all courses in these …
A Lone Tree, Iowa man who says his neighbor’s dog bit him in the face is suing. Jack Sines claims in the lawsuit filed last week in Johnson County that his neighbors did not properly supervise their dog. Sines says …
Although Hurricane Ike weakened considerably as it passed over Cuba, the most recent bulletin (11:00 a.m. EDT) from Miami’s National Hurricane Center warns that is now “growing in size and strength in the Southeastern Gulf of Mexico.” The storm’s center …
Hawaii Insurance Commissioner J.P. Schmidt announced a new insurance option for homeowners; effective Sept. 22, 2008, Universal North America Insurance Co. will offer homeowners (including hurricane option), dwelling, fire, and flood policies in the state, with automobile coverage expected to …
The California Department of Insurance has announced that it will host a public hearing at 10 a.m. on Oct. 20, 2008, in San Francisco, to discuss Commissioner Steve Poizner’s proposed pay-as-you-drive auto insurance rating regualtions. In August, Poizner proposed regulations …
Hurricane Ike entered the Gulf of Mexico on Sept. 9 and the latest path projected by the National Hurricane Center has the storm making landfall in Texas, possibly near Corpus Christi. Meanwhile, Louisiana is still mopping up from Hurricane Gustav, …