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

States Collaborating on Rules to Address Earthquake Risks of Fracking

Several U.S. states are banding together to combat the mounting risks of earthquakes tied to the disposal of wastewater from hydraulic fracturing for natural gas. Regulators from Kansas, Texas, Oklahoma and Ohio met for the first time this month in …

Obamacare Reaches Enrollment Milestone But Faces Obstacles Ahead

President Barack Obama’s embattled U.S. healthcare law, having survived a rollout marred by technology failures, reaches a milestone on Monday with the end of its first enrollment wave, and with the administration likely to come close to its goal of …

Supreme Court Takes On Software Patents Today

The U.S. Supreme Court will on Monday delve into the hotly contested question of when software is eligible for patent protection. The nine justices will hear a one-hour oral argument in a case of interest not just to software companies …

IPCC Concludes Climate Change is Irreversible, Effective Responses Needed

The Intergovernmental Panel on Climate Change (IPCC) has issued its latest report, which states bluntly that “the effects of climate change are already occurring on all continents and across the oceans. The world, in many cases, is ill-prepared for risks …

Hunt for Missing Flight MH370 ‘Bedeviled by Regional Rivalries’

The search for flight MH370, the Malaysian jetliner that vanished over the South China Sea on March 8, has involved more than two dozen countries and 60 aircraft and ships but been bedeviled by regional rivalries. While Malaysia has been …

Eraud Appointed General Director Swiss Re – France

Swiss Re announced the appointment of Walter Eraud as General Director Swiss Re, France. He joined Swiss Re in July 2010 and currently works as Head of Client Management in Swiss Re’s Paris office. Eraud covers the French reinsurance market …

Catalina Completes Alea Group Holdings (Bermuda) Acquisition

Catalina Holdings (Bermuda) Ltd. Has announced that following receipt of regulatory approvals from the Bermuda Monetary Authority and the New York Department of Financial Services it has today completed its acquisition of Alea Group Holdings (Bermuda) Ltd. from FIN Acquisition …

Allied World Approved to Launch New Managing Agency at Lloyd’s

Allied World Assurance Company Holdings, AG announced that it has received approval from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its own Lloyd’s managing agent, Allied World Managing Agency Limited, effective April 1, …

NYC Mayor Names New Team to Speed Up Sandy Rebuilding Efforts

New York City Mayor Bill de Blasio named a new team on March 29 to speed up efforts to help New Yorkers still recovering from Superstorm Sandy, saying he was “thoroughly dissatisfied” with previous results. De Blasio joined Sen. Charles …

Proposal Envisions Artificial Islands Near N.Y. to Blunt Future Storm Surges

A string of artificial islands off the coast of New Jersey and New York could blunt the impact of storm surges that proved so deadly during Superstorm Sandy, according to a new proposal. It’s a big proposal — one that …