May 20, 2011
Nobody is going to push the “like” button for a hurricane, but the National Hurricane Center hopes to get some Facebook fans for its storm advisories. The hurricane center joined the online social network in January to give a behind-the-scenes …
May 20, 2011
The Connecticut House of Representatives has overwhelmingly approved a bill that limits the liability of cities and towns that make certain types of public lands available for recreational purposes. House members on Tuesday passed the legislation on a 142-1 vote. …
May 20, 2011
Several Vermont companies have received recognition for their commitment to workplace safety, with King Arthur Flour of Norwich taking the top award for large companies. Ryegate Associates in East Ryegate and Curtis Lumber Co. of Burlington took awards in the …
May 20, 2011
BP struck a key victory in its battle to share the cost of the Gulf of Mexico oil spill when partner Mitsui & Co. agreed on Friday to pay $1.1 billion towards the clean-up bill and possibly billions more in …
May 20, 2011
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” to Dubai Insurance Company PSC (DIC), which is based in the United Arab Emirates (UAE). The outlook for …
May 20, 2011
Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All Risk Cover. Coverage is obtained through FINEX Global, a part of Willis …
May 20, 2011
The 2011 Atlantic hurricane season will be “above normal”, spawning six to 10 hurricanes of which around half could become major, the U.S. government’s weather agency forecast Thursday. However, as the 2010 season showed – it was very active but …
May 20, 2011
Around 200 global re/insurance specialists will gather for the European Insurance Forum in Dublin next week to analyze the current state of the industry. Delegates will hear the views of Matthew Elderfield, Deputy Governor at the Central Bank of Ireland, …
May 20, 2011
The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …
May 20, 2011
Asia Pacific trade ministers agreed Thursday not to give up on ailing world trade talks but to work over the next seven months on the best way to “salvage” a deal, U.S. Trade Representative Ron Kirk said. “While it was …