The Insurance and Reinsurance Report: Washington High Court Finds that Certificates of Insurance Can Create Coverage: Answering a certified question from the Ninth Circuit, the Washington Supreme Court issued a surprising decision, holding that certificates of insurance can create coverage despite express disclaimers that they do not “amend, extend or alter the…
National: The price of a first-class Forever Stamp went up a nickel Sunday, from 50 cents to 55 cents. That 10 percent increase is the largest single price jump in the history of the U.S. Postal Service, the Associated Press reports. The Postal Service has been running a multibillion-dollar deficit…
Associated Press | Fox News | Once again the U.S. Postal Service is hoping it can soon raise the price of a stamp by a penny or more. The postal service on Wednesday May 10th reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion…
On Sunday, April 10, 2016 the U.S. Postal Service dropped mail prices for the first time in 100 years. The price of a postage stamp dropped by two cents, to 47 cents for a one-ounce letter.
Investor’s Business Daily: The postal service is delivering itself into bankruptcy, audit shows. Declining business and rising expenses are not exactly a recipe for long-term business success, but that is exactly what’s going on at the U.S. Postal Service right now, the Government Accountability Office told a congressional panel on…
The Huffington Post: The United States Postal Service is rolling out a new email initiative to make receiving snail mail more convenient. The new, free service, called “Informed Delivery,” will email “black and white images of your actual letter-sized mail pieces” to you by 11:00am EST on the day the…
Washington Post: The 49-cent stamp has eight more months of life until the U.S. Postal Service has to roll the price back, the effect of a ruling that allows the post office to collect $1.1 billion to cover its recession-related losses. Wednesday’s ruling by postal regulators should be the last word…
