The Federal Emergency Management Agency says more than $2.7 million in state and federal grants and loans are on the way to Oklahomans affected by tornadoes and severe storms that occurred May 10-13. The agency announced that as of June …
A trade group for New York agents is urging lawmakers to defeat a bill it says would weaken the state’s no-fault auto insurance system by expanding juries’ role in deciding whether a lawsuit can proceed. The Independent Insurance Agents & …
A state law passed after the July 4 blast on Ocracoke Island that killed four fireworks handlers mandated safety training for those who prepare the displays, but some warn the rule could limit fireworks shows this Independence Day. North Carolina …
A jury in Florida is set to begin deliberations in a lawsuit over the damages owed to owners of a house built with defective Chinese drywall. Attorneys say the verdict in the case of Armin and Lisa Seifart of Miami …
Consumer safety officials in the U.S., Canada and Europe are calling for better safety standards for window blinds and shades after reports of scores of children strangling on cords. Government officials asked for stronger standards in a letter this week …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb+” of Japan’s Fuji Fire & Marine Insurance Company, Limited, and has revised its outlook on the ratings from negative …
Lloyd’s has confirmed that a team has been sent to Chile to “help the market better understand the impact of February’s earthquake and assist in ensuring the speedy payment of valid claims.” The delegation, made up of representatives from the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR of “a-” and debt ratings of PartnerRe’s parent, …
The California Department of Insurance has announced that Fransine Marie Lopez, 26, of Napa, and Alexander J. Webster, 21, of San Jose have been arrested for allegedly fraudulently reporting a collision that occurred before coverage was added to the vehicle. …
Belgrave Insurance Agency and The Hoffman Group announce the merger of two long- standing independent insurance agencies, for all lines of business. This union, which will be completed in June 2010, will help better serve existing customers and new clients. …