The Seattle Transportation Department says the mid-January storm cost the city of Seattle $1.35 million—more than half of its annual snow budget of $2.2 million. KOMO reported transportation officials briefed the city council last week on expenses that included more …
The maker of a popular line of hair-straightening products has agreed to alert consumers that two of its formulations emit formaldehyde gas, a possible carcinogen, California’s attorney general announced Monday. The labeling changes are designed to settle a lawsuit the …
For decades, the people who oversaw Fairbanks Memorial Hospital shared a comforting thought about the building—even if a powerful earthquake struck, they were confident it would remain standing. But in the past few years, the Greater Fairbanks Community Hospital Foundation’s …
After declining for four consecutive years, California workers’ compensation insurers’ return on net worth showed signs of improvement in 2010. That’s according to the data from the National Association of Insurance Commissioners, which was compiled, analyzed and released by the …
A federal judge on Tuesday said Halliburton Co. is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the $42 billion …
A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit ratings (ICR) of “bb” of Illinois-based American Country Insurance Company and American Service Insurance Company, Inc. – members of the American Service Pool (ASI Pool). …
Willis Group Holdings announced that Bruce Trigg will join its Global Solutions team as Managing Director, effective April 1st. he is based in London and will report to Alistair Lester, CEO of Global Solutions (International). Trigg joins Willis from Marsh …
London Market technology specialists TriSystems has announced the launch of a new electronic underwriting service to complement their electronic broking platform, which, the company said, marks “a significant shift from the tactical to strategic use of messaging software. “Lime-St.com For …
A report from Willis Re in London points to 2011 activity as driving a 25 percent growth in Insurance Loss Warranties (ILWs) volume for 2012. The report estimates that the ILW market reached trading volumes of $6 billion last year, …
New Jersey’s new attorney general is reorganizing the enforcement arm of the state’s Division of Consumer Affairs to crack down on crimes involving prescription drugs. Attorney General Jeffery Chiesa announced the changes Monday. He said he will bring together three …
