News

Legislative and regulatory restraint, strong statewide building codes, and incentive programs to entice new insurers to Louisiana have each contributed to the state's recovery since Hurricane Katrina.

Predictions of an active hurricane season are looking accurate as the peak of the season begins with three storm systems in the Atlantic and Hurricane Danielle reaches Category 4 strength.

Kathleen Sebelius says Virginia Attorney General Kenneth Cuccinelli got the list of defendants wrong when he sued to block Patient Protection and Affordable Care Act health coverage ownership requirements.

Premiums for commercial transportation insurance business continued falling for almost all types of accounts in the second quarter of 2010, but the number of insurers writing transportation business rose.

Four Scranton, Pa.-area residents involved with the now-bankrupt Murray Insurance Agency have been arrested in connection with an alleged $7.5 million pyramid scheme from the business' headquarters, ironically known as One Pyramid Center in Scranton.

Swiss Re and Lloyd's are warning the Treasury Department that the current federal terrorism risk insurance program is underpinning the market, and ending the program would likely substantially limit private market capacity for terrorism risk coverage.

As about a half a billion eggs have been recalled due to possible salmonella infection, it is likely recall contamination insurance coverage has been triggered.

"Tropical Depression Seven" has become Tropical Storm Earl, and the system is expected to become the third Atlantic hurricane by early Saturday, according to the National Hurricane Center.