Monthly Archives: <span>January 2014</span>

Japan Oil Buyers to Return to Private Insurance for Iran Imports

Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief from some EU sanctions goes into effect next week, industry and government sources said. Under the interim deal reached between Tehran …

China, India, Brazil Join U.S. As Among Biggest Contributors to Global Warming

China, India and Brazil — three of the largest developing nations— joined the U.S. in a list of the biggest historical contributors to global warming, according to a study by researchers in Canada. Seven nations between them accounted for more …

University of Florida Lab Tests Fluid-Filled Helmet As Guard Against Injuries

In a ground floor lab of the New Engineering Building at the University of Florida, radiologist Keith Peters and mechanical engineer Ghatu Subhash are building the football helmet of the future. They’ve spent several months dropping weights onto different types …

Autonomous Vehicle Testing Regulations for California Coming Soon

If you think Google when you think about autonomous vehicles driving the streets, you’re leaving out the rest of the players in what some see as the future of the auto industry. If fact, there are enough players in the …

Oracle Loses Bid to Have D&O Insurer Beazley Pay $20M in Claims Over Acquisition

Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge concluded. Delaware Chancery Court Judge Travis Laster on …

Southern California Wildfire Prompts Evacuations

A wildfire burned out of control near homes in the dry foothills of the San Gabriel Mountains early Thursday, fanned by gusty Santa Ana winds that spit embers into neighborhoods in the city below. Evacuations were ordered for houses at …

N.J. Groups Call for Changes, Greater Transparency in Sandy Aid Distribution

Housing advocates and civil rights groups in New Jersey are calling for more help for renters and greater transparency for the state’s next allocation of federal Sandy recovery funds. Fair Share Housing Center and other groups say the state should …

Restaurant Safety Group Earns $670K Dividend from Texas Mutual Insurance

Texas Mutual Insurance Co. announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. Since 1999, Texas Mutual has distributed nearly $20 million in safety …

Assurance Names Davidson, Jungers Employees of the Year

Assurance, an independent insurance brokerage with offices in the Chicago, Ill., and St. Louis, Mo.-areas, announced that Robert Davidson and Jennifer Jungers are its Employees of the Year for 2013. Aussurance has been recognizing outstanding employee contributions with its Employee …

Ohio Treasurer Withdraws Insurance Claim, Sells Damaged Vehicle for $938

Records show Ohio treasurer Josh Mandel’s failed Senate campaign sold a vehicle totaled in a March wreck shortly after questions arose over the continued use of the vehicle, averting an insurance review that might have clarified unanswered questions surrounding its …