Updated: May 9, 2008, 11:12 am EDT
S&P Lowers AIG's Ratings; On CreditWatch/Negative
American International Group's whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor's Ratings Services. S&P has ...
Eastern Insurance Reports Improved Workers' Comp Results
Eastern Insurance Holdings, Inc., based in Lancaster, Pa., reported net income of $2.6 million for the first quarter of 2008, compared to net income of $3.2 million for the ...
South Dakota High Court Says Auto Insurance Covers Gun Accident
The South Dakota Supreme Court says an auto insurance policy covers injuries caused when a rifle accidentally fired in a pickup being used to drive deer hunters to the field. ...
Iowa Company to Contest Citations in Worker's Death
A company says it will contest citations issued by state safety regulators in a worker's death at an ethanol plant under construction in northern Iowa.
Kenneth Sterling, of ...
Mississippi Emergency Agency Reports Damage in Latest Round of Tornadoes
Severe weather and tornadoes moved through several North Mississippi counties on May 8 causing damage to property and infrastructure.
The state emergency operations center ...
New Mississippi Supreme Court Building Floods
The Mississippi Supreme Court is rescheduling cases after the new Gartin Justice Building was flooded on all four floors.
The building houses the Supreme Court and Court of ...
4 Workers Hurt in Explosion at Mill in Southern Alabama
Four employees were injured in an explosion and fire that damaged an Alabama building-products mill early on May 7, company officials said.
The injured workers at ...
Coal Mining Company Cited for Violations in West Virginia Mine Death
Federal investigators cited coal operator Massey Energy Co. for safety violations that contributed to the death of a West Virginia miner last year, according to a federal ...
NIAC Board Declares $4.2 Million Dividend to California Nonprofits
The Board of Directors of the Nonprofits' Insurance Alliance of California (NIAC) has declared a dividend to be paid to nonprofit insureds in California. During 2008 and 2009, ...
First Aid Flights May Reach Myanmar; Death Toll Could Exceed 100,000
Myanmar's (Burma's) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on ...
Dresdner Posts Q1 Loss; Allianz Confirms Profit Decline
Dresdner Bank stayed in the red in the first quarter after writing down €845 million ($1.3 billion) on structured finance investments, keeping it in the spotlight as parent ...
European Utility Companies May be Underinsured, Warns Marsh
The "Marsh Power Forum" in Paris this week identified potential insurance problems for the industry. Marsh noted that "the combination of rising demand and insured costs in ...
AIR Analyzes Tokyo Earthquake
AIR Worldwide has released an analysis of a strong earthquake that struck just off the Japanese island of Honshu on Wednesday. The trembler rattled buildings in downtown Tokyo ...
Five Effective Insurance Marketing Tips
Once you are established as an insurance agent, you will want to do whatever you can to improve your marketing power. The better your insurance marketing plan the more money ...
