Monthly Archives: <span>June 2011</span>

Crews in Flint Battled 11 Fires at Vacant Homes

Three firefighters suffered heat exhaustion while battling a string of 11 fires at vacant homes on Flint’s east side on Tuesday that may have been intentionally set, authorities said. The first fire started about 12:30 a.m, and they all took …

Transocean Report Pins Gulf Oil Spill Blame on BP

Transocean Ltd , the owner of the oil drilling rig that exploded and sank in the Gulf of Mexico last year, blamed BP Plcin a report released Wednesday for decisions that led to the disastrous oil spill. Transocean and BP …

Tokyo Electric Power Facing $1.1 Billion in Mental Distress Claims

Tokyo Electric Power estimates it will have to pay 88 billion yen ($1.1 billion) in compensation for mental distress caused to people who were forced to leave their homes after the March quake and tsunami sparked a crisis at a …

Law Firm Spent $7 Million to Sue Wal-Mart

Joseph Sellers is in the hole by about $7 million and does not expect to dig his way out any time soon. As lead counsel to the plaintiffs in the Wal-Mart Stores Inc. employment discrimination lawsuit tossed out by the …

Firms Shift Cybersecurity Responsibility to Frontline Employees

If your company gets hacked, it may very well be your fault, and if your bank account gets broken into by digital thieves, you might be to blame too. The question, though, is whether you’ll ever actually be punished for …

Federal Healthcare Law Seen Aiding Small Employers: Study

Fewer Americans are getting medical coverage through their jobs than a decade ago but the 2010 U.S. healthcare law should help stabilize employer-sponsored insurance, two studies released Tuesday showed. The studies, sponsored by the non-partisan Robert Wood Johnson Foundation, will …

Grise Joins The Keating Group

Massachusetts-based broker The Keating Group (tKg) has appointed John M. Grise vice president of professional liability. Grise, based in Southborough, will lead tKg’s professional liability team in the New England region. He joins tKg from a regional wholesaler where he …

Europe Seeks to Get Insurers, Banks on Board Greek Bailout

European governments are trying to persuade banks and insurers to share the pain of a second Greek bailout package, in an attempt to avoid market meltdown while keeping taxpayers happy. Talks between governments and creditors will begin across the euro …

Court Says Suit Can Proceed over WTC Tower Collapse

The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one …

New Director of Transportation Claims Joins North American Risk Services

Altamonte Springs, FL, 6/22/11 – Timothy Kirk joins North American Risk Services (NARS) in the newly created role, Director of Transportation Claims. Kirk brings more than 30 years of experience in the insurance industry, including serving as a former director …