Yearly Archives: <span>2013</span>

National Forests Put Colorado Flood Damage At $17M

September flooding in caused nearly $17 million in damage to roads, trails, campgrounds and other facilities in the Arapaho and Roosevelt national forests in northern Colorado. The Forest Service released a preliminary assessment Friday. It said flooding damaged more than …

Kentucky Regulator Files Rehabilitation Plan for Schools’ Insurance Trust

The Kentucky Department of Insurance (DOI) has proposed taking over the management of the troubled funds used for school board workers’ compensation and property and liability claims. DOI Commissioner Sharon P. Clark said the takeover plan will be at a …

AssuredPartners Acquires Lee F. Murphy in Minnesota

AssuredPartners Inc. through its subsidiary AssuredPartners of Minnesota has acquired the Lee F. Murphy Inc. insurance firm based in St. Paul, Minn. As part of the acquisition, 50 Lee F. Murphy employees will join AssuredPartners of Minnesota. Local operations are …

IA&B Service Group Announces New Officers in Del., Md., Penn.

The fall marks a new administrative year for Insurance Agents & Brokers Service Group and its partnership of agents’ associations in Delaware, Maryland and Pennsylvania. The following directors have been elevated to leadership positions. G. Greg Gunn from Gunn-Mowery LLC …

Dodd-Frank Swaps Rule Could Impact Insurers’ Risk Management, Ratings: S&P

Ratings analysts at Standard & Poor’s say that a Dodd-Frank provision having to do with derivatives could improve insurers’ risk management and have a minor impact on ratings. In response to the financial crisis of 2008, Congress passed the Dodd-Frank …

Judge: New York City Doesn’t Protect Disabled in Emergencies

A judge cited disabled Superstorm Sandy victims stranded in high-rise towers to illustrate his conclusion that New York City violated laws designed to protect the disabled — about 11 percent of the city’s more than 8 million residents — as …

Judge Dismisses Lawsuit Over Upper Big Branch Mine Setttlement Payouts

A federal judge has dismissed a lawsuit by relatives of three men killed in the Upper Big Branch mine disaster who claimed that Alpha Natural Resources failed to pay them each $1.5 million as promised under a settlement with the …

Doctor Training Questioned in Wake of Robotic-Surgery Deaths, Injuries

A rising number of reports about deaths, injuries and malfunctions linked to the robotic surgery system made by Intuitive Surgical Inc. may pressure hospitals to bolster training for doctors using the $1.5 million device. The U.S. Food and Drug Administration …

Alabama Oil Train Derailment Raises New Crude-by-Rail Safety Questions

The second explosive oil-train derailment this year, which has finally burned out in rural Alabama, may raise new questions about the safety of the crude-by-rail boom, pointing to problems beyond those that surfaced following the earlier tragedy in Quebec. Within …

Chubb Appoints Auerbach as European Multinational Solutions Manager

Chubb Insurance Company of Europe SE announced the appointment of Jan Auerbach to the role of Chubb European Multinational Solutions manager, which offers insurance products and services for companies undertaking business internationally. Auerbach has 20 years of experience in the …