March 21, 2012
The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of such steps. The decision means banks …
March 21, 2012
Catastrophe modeling firm AIR Worldwide has issued a bulletin analyzing the magnitude 7.4 earthquake that struck southwestern Mexico yesterday. Dr. Tao Lai, Principal Engineer at AIR Worldwide, explained that the “tectonic setting of western Oaxaca is shaped by the subduction …
March 21, 2012
A major earthquake struck Mexico on Tuesday, unleashing panic as it damaged hundreds of buildings and caused homes in the capital to bounce like “trampolines.” Office workers fled into the street when the 7.4-magnitude quake shook Mexico City for more …
March 21, 2012
Houston, TX, 03/21/2012 – Pay For Insurance is taking the insurance world by storm with an online payment system that is designed to provide insurance agents, companies, and brokers the ease to collect payments with a click of a button. …
March 20, 2012
A growing number of U.S. cities are choosing to fund essential services like public safety and garbage collection over making payments on their outstanding debt, as rising costs and falling revenue deplete their budgets. So far, the bond defaults are …
March 20, 2012
U.S. farm and crop insurance subsidies would be cut by $30 billion over 10 years under a proposal made by the House of Representatives Budget Committee chairman on Tuesday, far larger reductions than agricultural-state lawmakers suggested. Budget chairman Paul Ryan …
March 20, 2012
Although none of the 50 U.S. state governments were found to be exemplary, three out of four of the South Central states received very lackluster rankings in a report evaluating state governments on integrity and the ability to prevent corruption …
March 20, 2012
A bill to change Arizona’s mandatory auto insurance laws to allow law enforcement officials to tow and impound vehicles without liability insurance is raising concerns that it could lead to the towing of a small number of vehicles of drivers …
March 20, 2012
A report has found that an air sample taken underground at the Second Avenue subway construction site had excessive levels of a dangerous dust particle. According to the New York Post, the sample was taken by the Occupational Safety and …
March 20, 2012
Boston-based catastrophe risk modeling firm AIR Worldwide hired John Elbl as vice president for the business development group. Elbl comes from Zurich Insurance Company, where he worked for the past 13 years. Most recently, he was global head of catastrophe …