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Daily NewsFlash : April 22, 2013

Daily NewsFlash
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Monday, April 22, 2013

Heavy Flooding Forces Evacations in Midwestern States

Midwestern floodingHeavy river flooding in six Midwestern states that forced evacuations, shut down bridges, swamped homes and caused at least three deaths was at or near crest in some areas Sunday evening.

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Sandy's Impact on Insurance Rates, Policies Already Being Felt: NJ Agents

Sandy rates upRates are going up. Policy language is getting stricter. Some insurers are pulling back from the coast. But they're not leaving the Garden State.

Nearly six months after Hurricane Sandy slammed into the Jersey Shore, the impact of the superstorm on property insurance is starting t...

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Wall Street Versus Its Employees' Privacy

Employee PrivacyState efforts to block companies from monitoring employees' personal Facebook and Twitter accounts are under fire from a new front-securities regulators.

An unlikely alliance of regulators and industry groups is seeking to carve out exemptions in state laws that would allow certain financial firms ...

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Sandy Victims Turn to Legal Assistance in Insurance-Claim Fight

Sandy claimsIn the wake of superstorm Sandy, a growing number of New Jersey homeowners are seeking legal assistance with insurance claims related to the storm.

After her insurance company told her the damage to the roof of her Lavallette, N.J., cottage left by superstorm Sandy was minor, Diana Ro...

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Florida Sues BP Over Gulf Oil Spill

BP suitThe state of Florida filed a lawsuit Saturday against the oil company BP and the cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek damages for the 2010 disaster.

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Worrying Trend Emerges from 2013 Aon Global Risk Management Survey

AonRisk leaders are struggling to identify and manage the major risks  facing their organizations, according to the biannual Aon Global Risk Management Survey released today from Aon Risk Solutions, the global risk management business of Aon plc. The report unveiled the top 10 risks as well as hidden risks facing organizations...

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Insurers Respond to Widespread Property Damage, Fatalities Following Texas Fertilizer Explosion

Texas fertilizer explosionA fire and explosion April 17 at a fertilizer plant in a remote area of Texas caused widespread property damage as it leveled the plant and inflicted extensive damage to surrounding homes, an apar...

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Hiscox Creates New Insurance Division in London Market

HiscoxHiscox, the international specialist insurer, today announced changes to its Hiscox London Market business and Syndicate 33.

Paul Lawrence will become Chief Underwriting Officer of Hiscox London Market Insurance, a newly created division, and joint Active Underwriter of Syndicate 33 alongside Russell ...

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Insurance Staffing Firm WAHVE Earns "Woman Business Enterprise" Certification

WAHVEWAHVE (Work At Home Vintage Employees), acompany that provides experienced professionals to insurance firms on a remote outsourced basis, has gained certification as a woman business enterprise (WBE) by the National Women Owned Business Corporation (NWBOC). WBE certification verifies that a woman or women has majority ownersh...

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