Monthly Archives: <span>June 2011</span>

Expert Assesses Cyberinsurance Market: Demand, Prevention, Recovery

Demand for cyberinsurance was rising even before the most recent highly-publicized parade of breaches at major corporations and organizations. After the news of the first major Sony hack but before the subsequent reports involving Sony, Citicorp, the International Monetary Fund …

North Dakota Memorial Day Storm Could Top $5.8 Million in Losses

The Memorial Day wind storm in the Fargo area has caused more than $4.2 million in damage, according to North Dakota Insurance Commissioner, Adam Hamm. Reports from several insurers who write business in the affected area indicate that 1,740 claims …

New Director of Transportation Claims Joins North American Risk Services

Altamonte Springs, FL, 6/22/11 – Timothy Kirk joins North American Risk Services (NARS) in the newly created role, Director of Transportation Claims. Kirk brings more than 30 years of experience in the insurance industry, including serving as a former director …

Hurricane Beatriz Hits Mexico’s Coast with Heavy Rains

The second named storm of the Eastern Pacific Hurricane Season, strengthened to hurricane status after forming off the coast of southwestern Mexico on Sunday morning, according to catastrophe modeling firm AIR Worldwide. According the 8 AM PDT advisory from the …

Calif., Wash. Lead Nation in Car Thefts

While car thefts nationwide have declined, the western states have the uneviable distinction of having the most car thefts in the nation. According to a new report by the National Insurance Crime Bureau, the top 10 spots for car thefts …

Increasing Number of Abandoned Homes in Tennessee a Problem

Officials in Washington County are trying to decide the best way to deal with the growing number of abandoned homes. Of particular concern to officials is that property owners could stop caring for the upkeep of the property and the …

South Carolina Bill Barring Mailed Speeding Tickets Becomes Law

Gov. Nikki Haley has signed into law a bill designed to stop a South Carolina town from using a traffic camera to send speeders a ticket in the mail. The law bars towns from mailing traffic tickets. It requires officers …

Chaney: Insurance Pact Should Bring $16M to Mississippi

A new agreement on surplus lines insurance means Mississippi should get about $16 million in tax revenue of which about $10 million will go into the state’s wind pool, according to Insurance Commissioner Mike Chaney. Chaney, speaking Thursday in Pascagoula, …

U.S. Food Safety Programs Suffer in Budget Battles

When a salmonella outbreak sickened at least 79 people and killed two this past spring in Rhode Island, the state had only seven food safety inspectors. During the month it took health officials to track the outbreak to a small …

Rest of Amy Winehouse’s European Tour in Doubt

The video is painful to watch, an artistic train wreck for all to see. The question is what Amy Winehouse is going to do next. The five-time Grammy Award winner, whose battles with alcohol and drug abuse have long overshadowed …