Monthly Archives: <span>February 2012</span>

Yates Adds Janes and Snow

Brian Janes and Vicki Snow have joined Tustin, Calif.-based managing general agent Yates. Janes and Snow, who become producers with Yates, spent the last two years as vice presidents of another California wholesale brokerage, and they have a diverse background …

AIG In No Rush to Sell Key Assets: CEO Benmosche

American International Group Inc. may raise its stake in Asian insurer AIA Group someday and is open to offers for its airplane leasing business ILFC, but will bide its time on all these things, Chief Executive Bob Benmosche said on …

Trucking Industry Fights Obama Rules on Driver Fatigue

Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest. The American Trucking Association said it filed a petition this week with the U.S. Circuit Court of …

Vertafore Promotes Craig to Senior VP Product Management; Adds Winterburn

Insurance industry software developer Vertafore has promoted Mark Craig to senior vice president of product management. Craig is responsible for developing and refining Vertafore’s product strategy which is focused on transforming the business of insurance. He will be reporting to …

100-Year Storms May Happen Every 3 to 20 Years: MIT-Princeton Research

Last August, Hurricane Irene spun through the Caribbean and parts of the eastern United States, leaving widespread wreckage in its wake. The Category 3 storm whipped up water levels, generating storm surges that swept over seawalls and flooded seaside and …

Ironshore Brings Lloyd’s Political Risk Coverage to U.S. Market

Ironshore Insurance Services has received extension of class approval from Lloyd’s to underwrite insurance coverage for the Pembroke Syndicate 4000 Political Risk and War and Terrorism unit. Pembroke’s political risk and political violence coverages will be highly focused policies underwritten …

North Carolina Supreme Court Weighs ‘Reasonableness’ of Hospital Bills

North Carolina’s Supreme Court heard attorneys argue Monday whether consumers should be able to take hospitals to court to justify bills that seem excessive. The high court took up the case of Robert Talford, 68, of Charlotte, who represented himself …

Florida Bill Seeks to Curb Medical Malpractice Claims

The Republican-controlled Florida Legislature is pushing ahead this year with changes meant to curb medical malpractice lawsuits against doctors. This effort is being criticized as an attack on the privacy rights of patients and comes at a time when fewer …

Senators Renew Push for Cybersecurity Law

Leading U.S. senators introduced a cybersecurity bill on Tuesday aimed at safeguarding the nation’s water and power systems, which experts have warned often only have the most rudimentary protections against hackers. Senators John Rockefeller and Dianne Feinstein, both Democrats; Susan …

Safety, Security at Bio Labs Open to Interpretation, Not Matter of Law

To reach his office in Galveston National Laboratory, where scientists study deadly pathogens such as the Ebola and Marburg viruses, director James Le Duc swipes his key card at the building’s single entrance, which is guarded 24/7 by Texas state …