October 30, 2007
California Governor Arnold Schwarzenegger has announced cash grants of up to $10,000 are available to help some individuals who have suffered losses in the Southern California fires. The grants are administered by the California Department of Social Services as a …
October 30, 2007
South Dakota’s public policy prevents insurance from covering damages in lawsuits against those accused of stealing another’s spouse, the state Supreme Court ruled Thursday. The high court’s unanimous decision said an Aberdeen doctor cannot make an insurance company protect him …
October 30, 2007
Valencia, CA, October 30, 2007 – QualCorp, Inc. has spent the previous 3 years designing and building a state-of-the-art reporting tool for non-IT savvy users. “Due to the initial overwhelming response from the focus groups we conducted, we needed a …
October 29, 2007
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on Assurant Inc., removed it from CreditWatch negative, and assigned a negative outlook to the company. S&P also affirmed its ‘A’ counterparty credit and financial strength ratings on …
October 29, 2007
Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries (collectively referred to as Everest). Following its third-quarter earnings release, Everest said it would “be reviewing the asbestos claims notifications …
October 29, 2007
Barney & Barney announced it is collecting gloves and masks to assist with fire cleanup in San Diego. According to the company, gloves and breathing masks are the most difficult items to find as fire victims return to their lost …
October 29, 2007
California Insurance Commissioner Steve Poizner announced his final determination of need for the California Low Cost Automobile Insurance program in Alpine, Colusa, Del Norte, Glenn, Inyo, Lassen, Mariposa, Modoc, Mono, Nevada, Plumas, San Luis Obispo, Sierra, Siskiyou, Tehama and Trinity …
October 29, 2007
Using the latest information on current and forecast fire perimeters and observed wind speeds, catastrophe risk modeling company AIR Worldwide Corp. estimates insured losses from California wildfires will be at least 1.5 billion. As of press time, seven fires remained …
October 29, 2007
The Ohio Supreme Court threw out a record $30 million verdict won by a brain-damaged man, citing his Detroit-area attorney for inappropriate theatrics in court. The verdict, the state’s largest medical malpractice award, was influenced by Geoffrey Fieger’s behavior, Justice …
October 29, 2007
R. L. Polk & Co., a provider of automotive information and marketing solutions to the automotive world, and ISO, a provider of risk-related products to the insurance industry, announced that Polk will now offer the ISO Liability Symbols product for …