September 3, 2008
Aon Corporation announced that Karen Mildenhall has joined the firm as executive vice president of Aon Construction Services Group. In addition to her responsibilities with the construction team, Mildenhall assumes operational responsibility for Aon Risk Services in Phoenix as resident …
September 3, 2008
Both Standard & Poor’s Ratings Services and A.M. Best have issued statements following the passage of Hurricane Gustav, which indicate that the storm’s impact on the industry will not be nearly as severe as many had feared. S&P said that …
September 3, 2008
The head of a federal board investigating a deadly Bayer Crop Science plant explosion in Institute, West Virginia says the probe will take at least six months. U.S. Chemical Safety Board Chairman John Bresland said at an Aug. 31 news …
September 3, 2008
The ground floor of the Hard Rock Hotel and Casino on Biloxi’s casino row was flooded during the storm surge from Gustav and wind-whipped water continued to splash into its parking garage on the afternoon of Sept. 1. Bobby Tuber, …
September 3, 2008
Recent flooding on an American Indian reservation in the Grand Canyon has renewed talks of an alert system in Arizona that could help tourists and residents evacuate more quickly during floods. Without many river or rain gauges upstream from the …
September 3, 2008
Unitrin, Inc. reported today that its subsidiary, Trinity Universal Insurance Co. is buying Direct Response Corp. and its subsidiaries. Trinity will acquire Direct Response in a cash transaction valued at approximately $220 million, subject to certain purchase price adjustments. The …
September 3, 2008
The National Council on Compensation Insurance released its fourth analysis in a series of reports on workplace violence. The report provides updated data based on the latest available information from the U.S. Bureau of Labor Statistics on workplace homicides and …
September 3, 2008
Ironshore Specialty Insurance Co. has been approved as an eligible excess and surplus lines insurer in New York. The Excess Line Association of New York added the company to its list of eligible E&S insurers yesterday. Ironshore Specialty is a …
September 3, 2008
Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., has purchased the assets pertaining to the crop insurance business of CropUSA Insurance Agency, Inc. Since 2006 CropUSA has acted as managing general underwriter for Hudson in the …
September 3, 2008
The most recent bulletin, issued at the end of August by the National Snow and Ice Data Center, has found that the extent of Arctic sea ice “has fallen below the 2005 minimum, previously the second-lowest extent recorded since the …