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

House Approves Oil Spill Clean-Up, Drilling Safety Bill

The House passed legislation this week that promotes new ways to clean up oil spills and aims to make deepwater drilling safer. The two measures responding to the BP oil spill in the Gulf of Mexico cleared the House by …

House Committee Passes Mine Safety Bill As Industry Protests

A House panel this week approved sweeping mine and workplace safety reforms prompted by the deadly explosion in April that killed 29 coal miners in West Virginia. The 30-17 vote came over the objections of the mine industry despite last-minute …

Mississippi City Mulls Ban on Texting While Driving

The north Mississippi city of Columbus is considering a local ban on texting while driving. Mayor Robert Smith and council members have asked the city attorney to research the issue and present some possible options for an ordinance. The Commercial …

Tropical Storm Threatens Gulf Oil Disaster Containment

BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …

BP’s Partners Will Not Set Up Gulf Oil Claims Fund

The two oil companies that are BP’s partners in the now-capped oil well told Congress Thursday they will not set aside money for cleanup costs along the Gulf Coast because it is BP’s responsibility. Anadarko Petroleum Corp. and MOEX, a …

Robertson Taylor Names Johnstone Music & Entertainment Manager

London-based Robertson Taylor Insurance Brokers, a subsidiary of Oxygen Holdings plc, announced the appointment of Dawn Johnstone as Manager, Music & Entertainment Division. She is based in the London Docklands office, and will oversee operational issues and will be formulating …

Typhoon Chanthu Hits South China – AIR Report

According to catastrophe risk modeling firm AIR Worldwide, Typhoon Chanthu slammed into southern China near Wuchuan City in Guangdong Province on Thursday, “further drenching a region already inundated by a month of heavy rain and extensive flooding. “Chanthu’s winds were …

SCOR Posts 19% Premium Gain on Half Year Non-Life Treaty Renewals

French reinsurer SCOR Group announced that P/C and Specialty treaty renewals at the end of June resulted in premium growth of 19 percent at constant exchange rates. In addition SCOR stressed that the renewals had fully respected “technical underwriting profitability …

California Farms Take Risks When Going Green

California dairy farmers might soon start converting their cow waste to fuel, but in doing so, they may be taking on more insurance risks — risks that their insurance agents might not be aware of, said James D. Redinger, principal …

BIPT, Focus Technologies to Merge

Two insurance technology firms– BIPT, Inc. and Focus Technologies, LLC– have announced plans to merge. Under the terms of the transaction, BIPT will be acquired by Focus Technologies and the managing principals of BIPT will become partners in Focus Technologies. …