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Aftershocks Rattle Chile, as New President is Sworn In; RMS Analysis
Sebastian Pinera's inauguration as Chile's new president was accompanied by a blunt reminder of the peril the country faces from earthquakes as two large aftershocks struck just before the ...

Nebraska Jobless Rate 4.6% in January, Well Below National Average
Nebraska's unemployment rate remained unchanged at 4.6 percent in January, still less than half the national rate of 9.7 percent, state officials said in a report issued March 10. The state said ...

West Pennsylvania Couple Sues Target over Toy Box Injury
A suburban Pittsburgh couple is suing Target, claiming their daughter sustained a brain injury when a toy box lid fell on her. Eric and Laura Surman, of Cranberry, claim 2-year-old Camryn Surman ...

Powerful Tornadoes in Arkansas Damage Homes; Injuries Reported
Three powerful tornadoes touched down in Arkansas on March 10, damaging homes and injuring at least four people, Risk Management Solutions (RMS) has reported. According to National Weather ...

Worker's Compensation Bill Passes Oklahoma Senate
The Oklahoma Senate has passed a bill aimed at worker's compensation system reform, SB 1973, sponsored by Senate President Pro Tem Glenn Coffee. Provisions of SB 1973 include: Decreases the ...

Calif. Earthquake Authority CEO Testifies In Support of Cat Insurance Bill
California Earthquake Authority CEO Glenn Pomeroy testified before the U.S. House of Representatives Subcommittee on Housing and Community Opportunity and Subcommittee on Capital Markets, ...

Holt Joins Higginbotham & Associates
Parker Holt has joined the Austin, Texas, office of independent insurance and financial services brokerage firm Higginbotham & Associates as vice president. He is a property/casualty insurance ...

National Interstate Adds 144 Companies to Group Programs in 2009
Richfield, Ohio-based National Interstate Insurance Company reports it experienced significant expansion in its Alternative Risk Transfer (ART) component in 2009. The company added 114 companies ...

Sen. Dodd to Unveil Financial Regulatory Reform Next Week
Senator Christopher Dodd said Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down. Dodd, the chairman of ...

Zurich Picks Perritaz to Replace Howie as Asia-Pacific/Middle East CFO
Zurich Financial Services Group has appointed Pascal Perritaz (37, Swiss citizen) to the position of Chief Financial Officer Asia-Pacific and Middle East (APME), effective April 1, 2010. He ...

Fitch Holds Conference on China's Life, Non-Life Insurance Sectors
Fitch Ratings hosted a teleconference today, March 11 on the performance of China's life and non-life insurance sectors. A replay of the conference is expected to be posted soon on the rating ...

U.S. Traffic Fatality Rate Fell to Lowest Ever Recorded in 2009
The number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter, the U.S. Department of Transportation ...

Obama Health Secretary Keeps Pressure on Health Insurers
Health and Human Services Secretary Kathleen Sebelius ratcheted up the pressure on health insurance companies Wednesday, urging them to forgo short-term profits to make coverage more affordable ...

Maine Plaintiffs Lose Ruling in Light Cigarette Lawsuit
Smokers suing Philip Morris and its parent company over light cigarettes will have to start from scratch with their lawsuit in Maine. A federal judge in Bangor has denied plaintiffs' request to ...

Florida Insurers Pin Hopes on Broad Bill Passed by Senate Panel
With the prospects for a controversial rate deregulation bill dimmed by Gov. Charlie Crist's threat of a veto, the insurance industry is betting on a new wide-ranging insurance proposal to bring ...