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

London Broker Oxygen Strengthens Construction Specialty Team

London-based Oxygen Insurance Brokers announced that it has “further strengthened its broking and risk management services to architects, engineers and surveyors with the appointment of two new senior brokers, part of its plan to target further growth in the construction …

U.N. Nagoya Meeting to Protect Nature Splits on Targets

Environment ministers from around the world tried to wrap up a U.N. meeting to preserve nature on Friday but remained split on targets to fight losses in animal and plant species that support livelihoods and economies. Delegates from nearly 200 …

AIA Shares Surge 17% on Trading Debut in Hong Kong

AIA Group Ltd surged 17 percent in its Hong Kong debut on Friday as investors, chasing exposure to Asia’s fast-growing life insurance business, piled into the record offering in the world’s hottest IPO market. The stronger-than-expected listing will be a …

ACE Global Engineering Network Launches Industry Fact Sheets

The ACE Global Engineering Network (AGEN), a division of the ACE Group of companies, has launched 12 fact sheets for its clients that provide an in-depth analysis of property risk management issues facing a range of industries – from leisure …

China’s Legal System: an Insurance Perspective

Years ago a lawyer friend told me of an experience. While teaching a group of Chinese lawyers, he proposed a question to them of who is responsible if a vehicle hits a pedestrian in a cross walk? The class said …

North Atlantic Oscillation Condition May Affect Europe’s Winter Weather

Weather and renewable energy supplies across much of Western Europe could be hit this winter by the North Atlantic Oscillation (NAO), a phenomenon that can exert a powerful influence over temperature and rainfall. Meteorologists say a negative NAO usually points …

New Web-based Atlas Details Hazards of Living on Texas Coast

One of every four Texans lives along the coast; Texas has 16 major ports and more than 3,300 miles of bays and estuaries. Those are just a few facts available in a new a Web-based atlas of the 18-county Texas …

Cincinnati Financial Q3 2010 Income Drops Compared to 2009

Cincinnati Financial Corp. reported $156 million, or 95 cents per share, of net income for the third quarter of 2010 compared with a net income of $171 million, or $1.05 per share, in the third quarter of 2009. The company’s …

Texas Workers’ Comp Medical Costs Per Claim Stabilizing

After four years of decreases, medical costs per workers’ compensation claim in Texas stabilized in 2007, reflecting the impact of reforms enacted in 2001 and much of those passed in 2005, according to a study by the Workers Compensation Research …

Ohio’s Healthcare Underwriters Group Returns 3rd Consecutive Dividend

Medical liability insurer Healthcare Underwriters Group Mutual of Ohio announced a $1 million dividend to its policyholders/owners. In the last 30 months the group has distributed $3.5 million in dividends to its doctor owners. HUOH is a non-profit mutual insurance …