June 29, 2012
Searchers pulled out 15 bodies Thursday that had buried under mud and debris after landslides and floods caused by monsoon rains in southern Bangladesh, raising the toll to 106 deaths this week. The landslides occurred mainly in remote villages with …
June 29, 2012
Longtime London market executive James B. Devall has joined Crawford & Company, an international independent provider of claims management services, to lead the Company’s London-fronted business in the U.S. As vice president and managing director of London program operations, a …
June 29, 2012
The ever-shifting cyberscape of laptops, cell phones, and cloud computing has made cyber liability a fast-emerging exposure in the 21st century business world, and insurers are stepping up with coverages. At the Casualty Actuarial Society’s Seminar on Reinsurance, held June …
June 29, 2012
Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John Smithee, chairman of the House …
June 29, 2012
Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it offers to policyholders. State Farm Insurance Co. …
June 29, 2012
The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine precisely how much each customer should be charged. Casualty actuaries …
June 29, 2012
A jury says San Diego Gas & Electric isn’t liable for an accident that cost a window washer parts of both arms. KGTV-TV says jurors ruled Wednesday against Shane Cahill, who was washing windows on top of a Mission Bay …
June 29, 2012
The family of a teenager shot to death New Year’s Day in West Point, Miss., has sued the owners of the apartment complex where the shooting occurred. The Daily Times Leader reports that the lawsuit was filed Monday in Clay …
June 29, 2012
Tennessee state officers made 19 boating under the influence arrests last weekend during a special initiative to promote safety on the water. The Tennessee Wildlife Resources Agency reported Wednesday that one boat operator on Chickamauga Lake was arrested for his …
June 29, 2012
Nearly two dozen Colorado communities are canceling their July 4th fireworks displays because of high fire danger, including two regions that are still fighting wildfires. Boulder officials announced that the annual Ralphie’s Independence Day Blast fireworks show at the University …