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

How to Reform Copyright Law, Damages for Hi-Tech Age: Report

A group of experts on copyright law and policy have released a report that explores reforms to the U.S. copyright system. One of the recommendations would improve liability protection for non-commercial uses of copyrighted works, particularly as users lift parts …

BP Says Internal Probe of Gulf Oil Disaster Lacked Others’ Input

BP’s lead investigator into the Gulf of Mexico oil spill told an independent panel of experts recently that the company’s internal probe had limitations. Mark Bly, head of safety and operations for BP PLC, said a lack of physical evidence …

Tennessee Ignition Cutoff Law Targets First Time Convicted Drunk Drivers

Tennessee, already considered tough on first-time DUI offenders, is about to get tougher. Lawmakers recently passed a bill that will require some drivers convicted of a first DUI to install alcohol-detecting ignition devices to stop their cars from starting if …

North Carolinian Wins Insurance Customer Service Rep Honor

Kelly S. Whitener, commercial account manager for Senn Dunn Insurance in Greensboro, North Carolina, has won the 2010 National Outstanding Customer Service Representative (CSR) of the Year Award. The Society of Certified Insurance Service Representatives (CISR) and the Society of …

Starr Opens Political Risks Unit in New York

C.V. Starr & Co. said it has opened a Political Risks underwriting unit in New York City. Keith Dunford has been named underwriting manager for the unit, which will market Political Risks products as well as structured trade credit risk. …

U.S. Regulator Says Global Derivatives Rules Will Be Similar

A top U.S. regulator said on Tuesday that transatlantic trading requirements for derivatives were likely to vary somewhwat but that the differences should be kept to a minimum. The United States has approved a reform of Wall Street which requires …

Lloyd’s Sees Record Claims, Continued Pricing Decline; Considers Russia Office

The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in prices. Lloyd’s, which traces its origins …

Finlay to Lead Ace Marine Facilities Unit in Philadelphia

Insurer Ace said it has reorganized and expanded its Marine Facilities unit, with the formation of a dedicated Philadelphia office that will served as the unit’s national headquarters, as well as the East Coast and Midwest marine facilities market. Kim …

Alabama Expects Billions from BP for Oil Spill Impact

Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement …

Nolan Named President of New Hampshire Agents’ Group

The Professional Insurance Agents of New Hampshire (PIANH) has elected Lisa Nolan as president. She is senior executive vice president of the Watson Insurance Agency in Manchester, New Hampshire, and served as the group’s president-elect for 2008 to 2010. Other …