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

North Carolina Lawmakers Pass Protection for Insurance Whistleblowers

North Carolina lawmakers are acting to protect whistleblowers after a hospital sued a former employee who reported what the state auditor later determined were excessive taxpayer charges. The Winston-Salem Journal reported that the legislation passed this week next goes to …

Feared El Nino Weather Could Strike in Third Quarter: Climate Forecasters

The feared El Nino weather phenomenon could strike as early as the third quarter of 2012, raising prospects of wreaking weather havoc from North and South America to Asia, the U.S. Climate Prediction Center (CPC) said on Thursday. “Overall, the …

FDA Plans IDs to Track Medical Device Safety

Medical devices like hip implants and heart defibrillators will soon join the ranks of cars and toasters. The U.S. Food and Drug Administration on Tuesday proposed a new rule that would require each medical device to have a unique code …

Storms Knock Out Power in East; Heat Threatens Corn Crop in Midwest

Six days after violent storms hit the eastern United States, the state of West Virginia was struggling to recover on Thursday, with nearly a third of electricity customers still without power and new storms putting more people in the dark. …

UK Insurer Aviva Culls Units in Turnaround Drive

Aviva, the UK’s No.2 insurer, plans to sell or close more than a quarter of its businesses in a shake-up aimed at regaining the support of investors irked by the group’s flagging share price. The company, whose weak stock market …

Equipment Failure, Training, Inspection Flaws at Fault for Rio-Paris Crash

Pilot error, defective sensors, inadequate training and insufficient oversight combined to send an Air France passenger plane plunging into the south Atlantic in 2009 in the airline’s worst disaster, French investigators said on Thursday. The final report on the Rio-Paris …

Zurich Names Haugh to Newly Created Chief of Staff Position

Zurich Insurance Group announced the appointment of Ann Haugh (41, U.S. Citizen), currently CEO of Global Corporate in the UK, to the position of Chief of Staff, effective August 1, 2012. She will report to CEO Martin Senn and will …

Black Heads Swiss Re’s Brazilian, So. American Reinsurance Operations

Swiss Re announced that it now operates as a Local Reinsurer in Brazil under new leader Margo Black, as its Head of Reinsurance for Latin America South and President of Swiss Re Brasil Resseguros SA. “She starts at a historic …

Iowa to Pay $3.75M for Boy’s Injuries

Iowa has agreed to pay $3.75 million to settle a lawsuit that claimed negligence by University of Iowa hospital employees during a birth that caused a baby to have brain injuries that left him severely retarded, newly released records show. …

InPro Insurance Group Acquires Industrial Insurance Services

InPro Insurance Group, a Troy, Mich.-based independent insurance agency, has acquired Industrial Insurance Services Inc. of Troy. Through the agreement, the Industrial Insurance Services’ team and book of health insurance business will be integrated into InPro’s existing personal, commercial, and …