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

Tennessee Takes Gradual Approach to Reducing Teen Driving Deaths

A state official says Tennessee has made some headway in reducing traffic fatalities among teens. Phillip Doss, director of the state’s Offices of Research and Educational Accountability, commented to The Tennessean newspaper as a national campaign pushes for 16 as …

Documents Reveal BP Cut Safety on Oil Rig to Save Money, Time

President Barack Obama promised that life would return to normal for people living on the stricken Gulf Coast, and BP said new efforts will more than triple the amount of oil it captures from a ruptured undersea well. But the …

Preacher’s Son, Accomplice Plead Guilty in Georgia Church Arson

Two of three men charged with arson in a 2005 fire that destroyed a church pleaded guilty in Barrow County Superior Court in Georgia. Maurice Arnold and Bruce Edward Smith pleaded guilty. Prosecutors say the Rev. Quincy Arnold of Lawrenceville …

Florida Hopes to Settle BP Claims Outside of Courts

BP Plc has done a poor job settling oil spill claims quickly and efficiently but pursuing the claims in court might be worse, Florida officials said Tuesday. Governor Charlie Crist and Attorney General Bill McCollum have assembled a panel to …

UK Finance Minister to Propose New Regulatory Scheme

The UK’s new Finance Minister, George Osborne, looks set to announce on Wednesday sweeping new powers for the Bank of England to police the financial sector and prevent another credit crisis. In his first “Mansion House” speech to the City …

Marsh Study Examines Benefits and Risks of ‘Sustainability’

A new report from Marsh notes that “as demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.” The white paper, Sustainability – Managing Your Risk, notes that …

ACE UK Launches Compliance Clarity Program for Multinationals

ACE UK has launched a multinational cover, which it described as “addressing the compliance challenges faced by companies operating in multiple regulatory regimes. The move is part of ACE GPSSM (Global Programme Solutions), a new client-focused platform to support the …

UPDATE: NHC Lowers Prediction for Tropical Cyclone in Atlantic

The National Hurricane Center in Miami has lowered the chances that a tropical cyclone could form in the Atlantic from 60 percent to 10 percent [See IJ web site – https://www.insurancejournal.com/news/international/2010/06/14/110696.htm ]. The latest NHC bulletin said that “although shower …

The Dentists Insurance Co. Named Mayo VP of Business Operations

The Dentists Insurance Co. has hired Robert Mayo as its vice president of business operations. Mayo brings to TDIC more than 25 years of operational experience directing information technology initiatives that enable organizations to effectively achieve their business objectives. Mayo, …

Insurance Recovery Experts Launch Dedicated Subrogation Division

Massachusetts-based Insurance Recovery Group is launching a new division, Insurance Subrogation Group, that will provide subrogation services for commercial and personal auto insurance, workers’ compensation and property insurance. “The new division will expand on Insurance Recovery Group’s core competency, which …