Not everyone in Congress wants to see the program expanded. Several senators are planning to offer amendments to limit the program, saying federal contributions to crop insurance are too generous and subsidize big agricultural businesses.
Category: International Insurance
In a strong economy an average of only four or five banks close each year. The sharply reduced pace of closings shows sustained improvement.
This article focuses on the United States, so let us know if you have any tips for renting party buses or limousines in your province; or, share your adventure with us about a limousine rental or party bus experience! ILSTV Staff As prom season, summer weddings and sunshine escapes beckon, here are some questions consumers [...]
Berkshire Hathaway’s first-quarter profit jumped 51 per cent as its insurance companies performed well
Berkshire’s insurance companies, which include Geico and General Reinsurance, generated $901 million in underwriting profit because there were no major losses in the quarter.
More than 2,200 new lawsuits from individuals, companies, and government entities seeking restitution from the 2010 Gulf of Mexico oil spill have splattered BP in the last few weeks.
The Insurance Council of Texas now estimates insured property losses are $100 million—which includes the plant.
Liability Insurance will pay $139 Million to Settle Derivative Lawsuit in News Corp Phone Hacking Scandal
$139 million will be paid by the liability insurance for the board members!
Source: PropertyCasualty360 New York’s Attorney General, Eric Schneiderman, is dropping a claim for damages in a much publicized civil lawsuit accusing the former chief executive of American International Group Inc, Maurice “Hank” Greenberg, of defrauding investors. In 2005 then-Attorney General Eliot Spitzer filed the suit against Greenberg and former AIG chief financial officer Howard Smith, [...]
The results of the survey are a little surprising; the Federal Emergency Management Agency (FEMA) and its National Flood Insurance Program (NFIP) identify flooding as the United States’ No. 1 natural hazard.
Insurers involved in one of two lawsuits filed against Adair Grain Inc., the parent of West Fertilizer Co., are Acadia Insurance Company, Continental Western Insurance Company, and Union Standard Insurance Company and Union Standard Lloyds, according to the suit.
The massive explosion at a West, Texas fertilizer plant has caused at least $100 million in insured losses to property.
“Eight in ten personal injury claims following road traffic accidents are now for alleged whiplash.” ABI
Most standard homeowners and renters policies would offer liability coverage for property damage or injuries that occur from accidental discharges of firearms, says Dr. Robert P. Hartwig, president of the Insurance Information Institute.
Judging from previous catastrophes, experts say victims have an easier path if they settle with a central relief fund, rather than pursue lawsuits against governments, race sponsors or perpetrators.
According to the Insurance Council of Texas, as many as 75 homes, a middle school, a retirement center and an apartment complex were heavily damaged by the force of the explosion
Aizawl, capital of the state of Mizoram, is situated in a region highly prone to earthquakes and located in the geologically complex border area between the Indian and Eurasian Plates