Monthly Archives: <span>May 2013</span>

Drowsy Driving Remains Elusive National Highway Dilemma

It probably happens to most drivers. Heading home after an overtime shift and the eyelids flutter. Up all night with a sick baby and you rest your eyes for just a moment on the way to dropping off the kids …

How Banks Will Recover Funds in $45M Cyber Heist

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Oman-based …

Greenhouse Gas Milestone; CO2 Levels Set Record

Worldwide levels of the chief greenhouse gas that causes global warming have hit a milestone, reaching an amount never before encountered by humans, federal scientists said. Carbon dioxide was measured at 400 parts per million at the oldest monitoring station …

10 Things to Know About the Trucking Industry

1. Intermodal is the transfer of products using multiple forms of transportation — trucks, railroads or ocean carriers. In 2012, intermodal container volumes rose by 5.9 percent over the previous year with 13.1 million moves, according to the Intermodal Association …

West Virginia Man Convicted of Burning Duplex for Insurance

A federal jury in West Virginia has convicted a Logan County man of burning his duplex to collect insurance money. U.S. Attorney Booth Goodwin said on that 58-year-old Michael L. White of Chapmanville, W. Va., was found guilty of conspiracy …

Bock Joins Kemper as CFO

Elizabeth “Libbie” Bock will join Kemper Corp. as the chief financial officer for its Property & Casualty Group, effective May 20. In her new role, Bock will report to Denise I. Lynch, Kemper’s Property & Casualty Group executive, and will …

Willis North America Appoints Japan Global Practice Group Co-Leaders

Willis North America has named Brian Murphy and Hiromoto Ushiki as North American Practice co-leaders of the Japan Global Practice Group. Murphy and Ushiki assume the position previously held by Junji Hamada who retired in April 2013. Willis North America’s …

Crop Insurance Expansion Pushes Cost Increase in Latest U.S. Farm Bills

The federally subsidized crop insurance program, the costliest part of the U.S. farm safety net, would spin off at least three new types of coverage and could cost 10 percent more under draft farm bills pending in the U.S. House …

DIMA’s CEO Examines Ireland’s Links to Re/Insurance and Europe

The European Insurance Forum, held in Dublin on the 9th and 10th of May, presented an opportunity to examine Ireland’s progress in overcoming the financial crisis that caused a severe recession beginning in 2008. It also highlighted the role played …

Siewert Named Chief Operating Officer at Florida’s Prepared Insurance

Prepared Insurance Co., a Florida domestic insurer, recently named Stephanie E. Siewert as its chief operating officer. Siewert joined the company in 2009 as vice president of sales and marketing and helped complete the capital raised to launch the company. …