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Thursday, November 20, 2008 ( change date )
Officials Blame Santa Barbara Wildfire on Bonfire
A bonfire built by college students and never fully extinguished was responsible for the massive wildfire in Santa Barbara that destroyed 210 homes, many of them multimillion-dollar properties, author
Insurancejournal.com Thursday, November 20, 2008Report Says Nevada Builder Could Make Construction Safer
A major construction contractor could do more to ensure safety at its work sites, including the massive CityCenter project on Nevada's Las Vegas Strip, according to two new reports.
Perini Building
Insurancejournal.com Thursday, November 20, 2008Few Washingtonians Have Flood Insurance
Washington Insurance Commissioner Mike Kreidler is warning consumers of the dangers of flooding in his state, and encouraging them to consider flood insurance.
Despite the images of damage caused b
Insurancejournal.com Thursday, November 20, 2008California's Emergency Fire Costs Hit $305 Million; Governor To Propose Insurance Surcharge
The Southern California wildfires are burning a bigger hole in California's budget, adding to the state's $11.2 billion deficit, the governor's finance spokesman said.
The state has spent $305 mill
Insurancejournal.com Thursday, November 20, 2008Transamerica adds new investment options to variable annuities
Transamerica Life Insurance has introduced several investment options available with its variable annuity suite.
Insurance-business-review.com Thursday, November 20, 2008Principal Wellness names new president
Principal Wellness Company, a subsidiary of the Principal Financial Group, has appointed Lee Dukes as its new president.
Insurance-business-review.com Thursday, November 20, 2008FSA bans New Forest Mortgage Company
The UK's Financial Services Authority has banned Peter King and his firm New Forest Mortgage Company for knowingly submitting applications for fraudulent life assurance policies.
Insurance-business-review.com Thursday, November 20, 2008Protective Life files application for bank holding company status
Protective Life Corporation has filed a bank holding company application with the US Federal Reserve board of governors and an application for the US Treasury department's capital purchase program under the troubled asset relief program.
Insurance-business-review.com Thursday, November 20, 2008ACE Issues Clarification on Variable Annuity Reinsurance Business
ACE Limited announced that it is "providing further detail to help clarify ACE's total exposures to potential loss related to its variable annuity reinsurance business. The clarification supplements a
Insurancejournal.com Thursday, November 20, 2008Reynolds Joins Willis as Commercial Property Advisor
Willis Group Holdings announced the appointment of Philip Reynolds as an advisor to its Property Investors Division. Starting in 1995, he "created and built the Royal & SunAlliance (RSA) Property Inve
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