August 29, 2012
A western Kentucky county is eyeing loggers and their trucks as the cause of damage to county roads. The Hopkins County Fiscal Court is weighing a measure to fine large trucks if they damage county roads while hauling big loads. …
August 29, 2012
Former NFL player John Mott has sued the league in federal court in New York, saying it failed to warn players about the dangers of head injuries. Mott joined several thousand other retired NFL players and some of their family …
August 29, 2012
The Delaware Democratic Party’s endorsed candidate for insurance commissioner is returning more than $7,000 in political contributions to ensure compliance with campaign finance laws. Mitch Crane’s campaign told elections officials Monday that it will return $7,200 to several limited liability …
August 29, 2012
Hurricane Isaac drove water over the top of a levee on the outskirts of New Orleans on Wednesday, but the multibillion-dollar barriers built to protect the city itself after the 2005 Katrina disaster were not breached, officials said. The slow-moving …
August 29, 2012
G.J. Sullivan Co. Reinsurance (GJS Re) has launched GJS Re Facultative to focus on providing quality property facultative reinsurance to select insurance company clients on a nationwide basis. John W. Threlfall joins GJS Re to head up the facultative group, …
August 29, 2012
Hurricane Isaac lashed southern Louisiana with high winds and heavy rains on Wednesday and was set for a late-morning arrival in New Orleans, seven years to the day after Hurricane Katrina devastated the city. Isaac is the first hurricane to …
August 29, 2012
Willis China, part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted approval for it to open a new office in Harbin, a first for a foreign broker and Willis’ 22nd office in the country. …
August 29, 2012
According to catastrophe modeling firm AIR Worldwide, after weakening to borderline tropical storm/typhoon strength (120 km/h [75 mph] 10-minute sustained winds), Typhoon Bolaven made landfall in North Korea north of Pyongyang, the country’s capital, at about 11:00 a.m. EDT on …
August 29, 2012
A new report on the Lloyd’s insurance market by Guy Carpenter & Co. finds that “Lloyd’s is looking to improve its global competitiveness despite mounting challenges including low investment returns, record catastrophe losses, subdued economic growth in developed markets and …
August 29, 2012
While most of the attention is focused on Hurricane Isaac, the National Hurricane Center in Miami is also tracking Kirk, the latest named tropical storm, which is currently in the middle of the Atlantic It is moving westward at around …