July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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 …
July 23, 2010
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. …