Monthly Archives: <span>April 2010</span>

Senate Hearings to Explore Federal Mine Safety Regulation Flaws

The Senate plans to explore weaknesses in federal mine safety laws when it convenes the first of a series of hearings this month on the deadly mining disaster in West Virginia. Iowa Sen. Tom Harkin says the Health, Education, Labor …

Computer Error Kept West Virginia Mine from Receiving Safety Warning

A computer error prevented the West Virginia coal mine where 29 workers died in an explosion last week from receiving a warning about safety violations and a demand that the operator improve conditions in 90 days, according to federal officials. …

West Virgina Governor Wants Independent Mine Investigation

West Virginia’s governor has asked a former top federal mine safety official to conduct an independent investigation of an explosion that killed 29 miners in his state, and also called for more scrutiny of mines with a history of safety …

The Academy of Insurance Launches “On Demand” Classes

San Diego – (April 15, 2010) – Now in its fourth month of operation, the Insurance Journal Academy of Insurance is offering “on demand” viewing of previously held classes on topics ranging from “Social Media Marketing” to “Kidnap & Ransom …

Florida FreedomWatch: McCarty’s Facts Are Suspect in Insurance Debate

I couldn’t agree more with Florida Insurance Commissioner Kevin McCarty’s latest letter to the media asserting that facts – not mischaracterizations – should drive the public policy debate on Florida’s deteriorating property insurance market. The irony, Commissioner McCarty, is that …

Arrowhead Wholesale Insurance Names Kuhn President of Brokerage Units

San Diego-based Arrowhead Wholesale Insurance Services LLC has announced that Michael Kuhn has been named president of the company’s brokerage units, including the workers’ compensation, professional liability, DIC, packages and high-valued homeowners units. Kuhn started his insurance career at Westfield …

Bill Restoring Jobless Aid, Flood Insurance Clears Senate Hurdle

A measure that would restore lapsed jobless aid for hundreds of thousands of Americans and reauthorize the federal flood insurance program cleared a hurdle in the Senate Wednesday, clearing the way for passage later in the week. By a vote …

Report: Q1 Catastrophe Bond Market Sees Sustained Improvement

Catastrophe bond issuance conditions saw sustained improvement in the first quarter of 2010, reflecting the increase in prominence of the insurance linked securities (ILS) asset class. Despite the continued improvement in market conditions, however, catastrophe bond issuance relative to the …

Starr Indemnity Forms General Casualty Excess Group

Starr Indemnity & Liability Co. Inc. has formed General Casualty Excess Group, which will provide liability options for accounts that use risk management services. Starr Indemnity can offer up to $25 million in capacity limits and will quote anywhere in …

Report: February Storms in Ohio Caused More than $28M in Losses

The Ohio Insurance Institute (OII) has reported that amount of insured losses from the series of February winter storms will be at least $28.2 million, with 12,173 claims filed to-date across the state. Because some property damage has yet to …