Insurance News from June 16, 2008
News
Willumstad Replaces Sullivan as AIG CEO
American International Group, the world's biggest insurer [by capitalization], replaced...
AIR: Total Insured Value of Properties in Hurricane Prone States on Pace to Double in Ten Years
Survey: Despite Need Only 17% of Americans Have Flood Insurance
Best Affirms Berkshire Hathaway’s Homestate ‘A++’ Ratings
Ratings: Commerce, Aspen, Med Mutual, Kodiak, Hermitage, ProAssurance, US Liability, Provident, Hereford, Polish Roman
International News
Rescuers Battle Devastation, Aftershocks from 7.2 Japan Quake
Soldiers fighting through a torrent of mud and rocks dug out three bodies at a hot...
East News
Packaging Company Settles for $25M in Rhode Island Nightclub Fire
A New Jersey packaging company sued after a Rhode Island nightclub burned down five...
West News
Firefighters in California Struggling to Get Upper Hand on Fire
High wind on Saturday, June 13, 2008, continued to stoke fires across Northern...
Southeast News
Mississippi Couple’s Katrina Suit against USAA Goes to Trial
Jackson County, Mississippi's first Hurricane Katrina insurance lawsuit headed to the...
Texas / South Central News
Texas Weather Portends Record Agriculture Losses
In more than four decades of farming, Texas cotton producer Rickey Bearden says he's...
Midwest News
Many Homeowners in Flooded Midwest Lack Insurance
Recent flooding that swamped parts of the Midwest, including Indiana, Wisconsin and...