Insurance News from May 04, 2010
News
BP CEO: Oil Claim Waivers a ‘Misstep,’ Will Not Be Enforced
BP Plc said Monday that waiver clauses in contracts it offered to Alabama fishermen to...
International News
Best Affirms ACE and Subs Ratings; Outlook on Debt Changed to Positive
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer...
East News
Virginia Spring Fire Season Draws to a Close
Spring fire season is coming to an end in Virginia. The season ends Friday and the...
West News
Posh Bagel Founder, CEO, Accountant Charged in Workers’ Comp Fraud Scheme
The California Department of Insurance announced the arrests of Posh Bagel founder,...
Southeast News
Southeast Flooding Kills 22, Closes Businesses and Schools
A weekend deluge burst rivers and creeks from their banks across Tennessee and...
Texas / South Central News
Oil Blowout Device Maker Has $500M in Liability Insurance
The Houston, Texas-based manufacturer of a fail-safe device on the oil well that is...
Midwest News
Indiana Supreme Court Sides With Insureds in Farm Liability Dispute
The Indiana Supreme Court has found that an insurance company was wrong in denying...