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Tuesday, July 16, 2013

California Cities, Counties Seek $1B in Lead Paint Cleanup

Lead paint cleanupIn a trial that began Monday, California's attorney general and 10 cities and counties are seeking $1 billion from paint manufacturers to remove lead paint from mil...

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Courts to Treat Asiana Passengers Differently

Asiana crashWhen the courts have to figure compensation for people aboard Asiana Airlines Flight 214, the potential payouts will probably be vastly different for Americans and passengers from other countries, even if they were seated side by side as the jetliner crash-landed.

An international treaty governs com...

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The 2016 Disability Insurance Time Bomb

Social Security disability paymentsSocial Security for retirement and Medicare are the best known of the major entitlement programs with looming financial disasters. While some argue about when they will run out of money, their projected 75-year unfunded liabilities grow larger every year and now total $40 trillion, ...

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Axis Insurance Services, LLC Partner Achieves Business Insurance’s 40 Under 40 Broker Leader Award

AxisAxis Insurance Services, LLC is proud to announce that our firm's Executive VP/Partner, Javier Gonzalez has been selected for Business Insurance's First Annual

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Irwin Siegel Agency Named Certified Market Specialist on the MarketScout Exchange

Irwin SiegelIrwin Siegel Agency, Inc. (ISA) has been named as a Certified Market Specialist (CMS) for Social Services on the MarketScout Exchange, a site owned and operated by MarketScout. The MarketScout Exchange is utilized by thousands o...

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New York Works to be Ready for the Next Climate Calamity

Hurricane readinessOff a narrow road in a swampy part of Staten Island, Thomas Morello is preparing his two-family home for the next time the water pours in from Lower New York Bay, a quarter mile away.

When Hurricane Sandy hit more than eight months ago, inundating but not destroying his converted summer ...

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ACE Expands Critical Catastrophe Capacity in North America

ACEThe ACE Group today announced an increase in critical catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. This capacity will be offered through ACE's extensive network of property businesses, which includes custo...

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Holborn Merges with Midwestern Reinsurance Broker

Holborn mergerReinsurance broker Holborn Corp. said it's merged with family-owned Minnesota-based reinsurance broker W.J. Lehrke Co.

It's the first merger for Holborn since it was launched in 1920, said Holborn Chief Executive Officer Frank T. Harrison. "It's a special opportunity, a very unique one," Harr...

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Sharknadoes May be Covered Under Insurance

SharknadoA sharknado attack likely would be covered under U.S. homeowners' insurance policies, Consumer Reports says.

Curious after the Syfy TV movie "Sharknado" took the Internet by storm last week, Consumer Reports asked the Insurance Information Institute what would happen from an insurance perspective if a giant...

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