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Catastrophe modeling firm AIR Worldwide has released its latest U.S. hurricane model, which contains hazard and vulnerability updates and provides "a more comprehensive, realistic and detailed view of U.S. hurricane risk," according to the company.

IBA West's education division, Insurance Skills Center (ISC), has entered into an agreement with Cheryl L. Koch, president and chief executive officer of Agency Management Resource Group, for management of ISC education and training programs.

The House will likely consider legislation on Thursday that would add wind coverage to the National Flood Insurance Program, a plan opposed by the insurance industry.

Though they still pay less than the national average, Ohioans paid more for homeowners and automobile insurance in 2009, and the trend is expected to continue, according to the Ohio Department of Insurance.

American International Group agreed to pay $725 million to Ohio and Florida public pension plan funds in a securities class-action settlement to resolve bid-rigging allegations that the funds said occurred up to 2005.

NFIP extended, but requires WYO insurers to not use "anti-concurrent causation" language to exclude coverage of wind damage simply because there is also flood damage to the property.

The House will likely consider legislation on Thursday that would add wind coverage to the National Flood Insurance Program, a plan opposed by the insurance industry.

The South Carolina Captive Insurance Association said that hot issues for captives will be the topic of a new Webinar on July 26.