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

Ohio Fracking Lawsuit Allowed to Proceed

A couple who sued to try to stop shale gas drilling around a state-owned lake in eastern Ohio won an early victory this week as a judge ruled their lawsuit can proceed. The Franklin County judge ruled that the Guernsey …

Arkansas Court: Reckless Conduct Can Be ‘Malicious’ Under Law

The Arkansas Supreme Court is siding with relatives of the 20 people killed in flash floods at the Albert Pike campground in 2010, agreeing with their definition of malicious conduct under a state law. A federal judge had halted 11 …

Central Oklahoma Rattled by Another Earthquake Swarm

No injuries or damage were reported after a series of earthquakes rattled central Oklahoma overnight, including a 4.1-magnitude temblor that woke many residents near Guthrie. The U.S. Geological Survey recorded four earthquakes near Perry late on April 9 and early …

Austin Cracking Down on Drunk-Driving Police Officers, Staff

Officers and support staff who drive drunk face dismissal in a stricter DWI policy applying to those who enforce the law, Austin, Texas, police Chief Art Acevedo said. Acevedo announced the updated policy to the department’s 2,300 sworn law enforcement …

Legislative Auditor to Review Minnesota’s Health Insurance Exchange

Minnesota’s legislative auditor said he plans to conduct a thorough, independent review of the troubled launch of Minnesota’s health insurance exchange. “The evaluation will be a comprehensive, in-depth evaluation of many issues related to the development of the website but …

Committee OKs Colorado Bill to Regulate Ridesharing Companies

Colorado lawmakers advanced legislation to regulate transportation companies that use cellphone apps to connect riders to drivers on their personal cars. The legislation would put companies like UberX and Lyft under the purview of the state’s public utilities commission, which …

Hartford CEO McGee’s Pay Up 58% to $17.7 Million As Stock Surges

Liam McGee, the chief executive officer of Hartford Financial Services Group Inc., had his compensation increase 58 percent last year as he presided over a stock surge and sold assets to narrow the company’s focus. His package climbed to $17.7 …

Global Reinsurer Capital at All-Time High of $540 Billion: Aon Benfield

The latest edition of the Aon Benfield Aggregate (ABA) report estimates that global reinsurer capital totaled $540 billion as of December 31, 2013, an increase of 7 percent ($35 billion) over the year, with net income up 16 percent to …

Aon’s New Political Risk Map Highlights ‘BRICS’ Increased Risks

Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies an increased risk rating for all five emerging market BRICS countries. Aon noted that “as a result, countries representing a …

Catlin Establishes General Aviation Consortium at Lloyd’s Asia

The Catlin Group Limited (CGL) announced from its Singapore, office the formation of the General Aviation Consortium at Lloyd’s Asia to write General Aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East regions, as of April 1, …