Catastrophe modeling firm AIR Worldwide has released an update to its “The Coastline at Risk” report. The update presents and discusses AIR’s most recent estimates of the insured value of residential and commercial properties in states along the Eastern Seaboard …
After nearly two years as Oregon insurance commissioner, Lou Savage is leaving the division to work on legal reform in emerging democracies overseas. Laura Cali, the division’s chief actuary and manager of product regulation, will replace Savage effective July 15. …
The Oklahoma Insurance Department says more than 22,000 claims have been filed for property and vehicles damaged by tornadoes that struck the state on May 19 and 20. The agency says claims filed so far represent insured losses of at …
At its 99th annual convention, September 30 – October 3, 2013, the International Association of Industrial Accident Boards and Commissions (IAIABC), a not-for-profit association representing most of the government agencies charged with the administration of workers’ compensation systems in the …
Firefighters say a man working the center span of a new bridge that will connect New Hampshire and Maine suffered a serious injury when a 40-foot-long steel beam struck in him the leg. Portsmouth Fire Capt. Mike Hogan said it …
Can you have it “all”? It’s one of the questions that women in business get asked a lot but men are never asked. It’s also one of the questions fielded by a panel of women insurance industry executives who were …
Ford is recalling about 465,000 cars and SUVs because the fuel tanks can leak and cause fires. The global recall affects the Ford brand’s Fusion, Explorer, Taurus, Flex, Police Utility and Police Interceptor. Also covered are the Lincoln MKS, MKT …
Three people are charged with slashing tires and damaging the paint on dozens of cars in a Philadelphia, Pa., neighborhood. Police say two men and a woman each are charged with 39 counts of criminal mischief, 39 counts of possessing …
Floodwaters that inundated Prague and swamped large areas of central Europe may peak today as emergency crews work to open river traffic, drain submerged neighborhoods and count the cost of the storm damage. Chancellor Angela Merkel began a tour of …
The Florida Supreme Court’s ruling on a beachfront condominium association’s lawsuit against its insurance agency generated the kind of initial reaction among insurers matched only when a weather announcer says that Florida is within the cone of probability. As we …