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U.S. needs national catastrophe insurance, disaster experts warn (Fort Worth Star-Telegram) By MARIA RECIO WASHINGTON — A coalition of experts in hurricanes, earthquakes and other natural disasters warned Tuesday that the U.S. would experience another major disaster and called on the incoming Congress to quickly approve national catastrophe insurance. James Lee Witt, the former director of the Federal Emergency Management Agency in the Clinton administration, and retired Adm. James ... Publ.Date : Wed, 03 Dec 2008 06:11:46 GMT Loustalot Joins Thoits Insurance as Vice President (Insurance Journal) Thoits Insurance Service Inc. has named David Loustalot vice president working out of the company's Santa Cruz and San Jose, Calif., offices. Loustalot left his position as a retail analyst to begi Publ.Date : Wed, 03 Dec 2008 06:14:06 GMT India insurance sector to grow 17 pct this FY - IRDA (Reuters via Yahoo! Malaysia News) NEW DELHI, Dec 3 (Reuters) - India's insurance sector is expected to grow 17 percent in 2008/09 fiscal year if the economy expands at 7.6 percent, Insurance Regulatory and Development Authority (IRDA) chairman J. Hari Narayan said on Wednesday. Publ.Date : Wed, 03 Dec 2008 06:26:16 GMT Over 50 Big Three auto parts suppliers denied credit insurance (Business Standard India) India’s auto component makers not only face slower growth in the domestic market, the Export Credit Guarantee Corporation of India (ECGC) is now refusing credit insurance to over 50 auto component companies that sell to the Big Three car makers in Detroit. Publ.Date : Wed, 03 Dec 2008 07:20:12 GMT Donelon, Theriot to discuss Insurance Department audit (New Orleans Times-Picayune) BATON ROUGE -- Insurance Commissioner Jim Donelon and Legislative Auditor Steve Theriot have agreed to talks that may allow auditors more access to Insurance Department records to finish a financial review of the agency and avert a loss of state financing for Donelon's office. Publ.Date : Wed, 03 Dec 2008 06:37:04 GMT