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

AIR Offers Supply Chain Risk Service

AIR Worldwide (AIR) has expanded its suite of Catastrophe Risk Engineering (CRE) products to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks. AIR’s new offering is designed to help risk managers …

Bimestefer Named President, GM for Cigna’s Mountain States

Cigna Corp. named Kim Bimestefer president and general manager for its Mountain States region, including Colorado, Wyoming, Utah and New Mexico. Bimestefer will be based in Denver, Colo. She will serve as the senior leader for Cigna’s operations, competitiveness and …

Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage

One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which have been going on for some time, speed up. Today’s ceremony in a rainy Kew Gardens, presided over by Committee …

Travelers Updates Risk Management Tool with Risk Analyzer Dashboard

To help business insurance customers find loss prevention opportunities and more efficiently analyze their loss experience, Travelers launched a new dashboard within e-CARMA, the company’s risk management information suite of tools and services, called Risk Analyzer. Developed by Travelers National …

Agency Says More N.C. Residents Added to Uninsured

New data from a North Carolina agency shows an increase in the number of uninsured residents in a six-year span. Numbers from the North Carolina Institute of Medicine shows that 291,000 residents joined the ranks of the uninsured between 2004-2005 …

N.J. Man Gets House Arrest in Boat-Sinking Scam for Insurance Money

A New Jersey man has been sentenced to eight months of house arrest and five years of probation for his role in a botched attempt to sink a fishing boat three years ago for $400,000 in insurance money. Fifty-year-old Arthur …

Nebraska to Increase Workers’ Comp Payout for Burials

Nebraska Gov. Dave Heineman has approved a bill that will let the dependents of workers killed on the job collect a larger payout for burial expenses. LB 378 by Grand Island Sen. Mike Gloor will increase the workers’ compensation benefit …

Allied World U.S. Appoints P/C Division President in New York

Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include overseeing underwriting and servicing all program, property, …

Quake Tests Looks For Ways To Shore Up California Hospitals

What happens when a series of massive earthquakes hits a five-story medical facility with an intensive care unit, operating room and elevator? Structural engineers at the University of California, San Diego, hope to find out by repeatedly shaking such a …

Earthquake Hazard in Washington To Be Studied

The federal government is going to take another look at the potential earthquake hazard at Hanford in Washington. The seismic assessment will update the Department of Energy’s last comprehensive analysis in 1996. The Tri-City Herald reported new understanding of seismic …