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

NOAA Forecasts Near-or-Below Normal Atlantic Hurricane Season

In its 2014 Atlantic hurricane season outlook issued today, NOAA’s Climate Prediction Center is forecasting a near-normal or below-normal season. NOAA said the main driver of this year’s outlook is the anticipated development of El Niño this summer. El Niño …

New York Lawmakers Pass Tax Relief Bill for Sandy Victims

New York state lawmakers have passed legislation proposed by New York City Mayor Bill de Blasio that would prevent higher tax bills for city residents who rebuilt or repaired their homes after they were damaged by Superstorm Sandy. The state …

Brown & Brown Completes Acquisition of Wright Insurance Group

Brown & Brown Inc. said it has completed its acquisition of specialty and flood insurance company The Wright Insurance Group, LLC. In January, Florida-based national insurance broker Brown & Brown said it would acquire TWIG for $602.5 million from Aquiline …

Cooper Gay Swett & Crawford Launches 1st MENA Operation in Dubai

Global wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) announced that after receiving the requisite approval from the Dubai Financial Services Authority it has launched Cooper Gay (Dubai) Limited, a wholly owned subsidiary of Cooper Gay (Holdings) Limited. …

Florida Metro Areas Rated Most Dangerous for Pedestrians

A new report says Orlando is the most dangerous metro area for pedestrians, and three other Florida cities are also at the top of the list. The report by the National Complete Streets Coalition says the Tampa, Jacksonville and South …

Seat Belt Use Down, Road Fatalities Up in Misssissippi

New data from the Mississippi Office of Highway Safety shows the observed belt usage rate is at 74.4 percent. That’s compared to 83 percent in 2012, officials said in a news release. Fatalities also increased last year. In 2013, 613 …

Harper Lee Deal with Alabama Museum Over ‘Mockingbird’ Falters

A lawsuit settlement between “To Kill a Mockingbird” author Harper Lee and a museum in her Alabama hometown has failed. Attorneys for Lee filed court papers this week seeking reinstatement of a suit she filed against the Monroe County Heritage …

Dodd-Frank, Flood Insurance Foe Hensarling Faces Test on TRIA Renewal

When Jeb Hensarling took over the congressional panel that spawned the Dodd-Frank Act, he vowed to roll back the landmark Wall Street law and eliminate government programs that backstop private markets. More than a year later, the Texas Republican is …

Willis Names Walkiewicz Managing Director Insurance Investment Banking

Willis Group Holdings has appointed Rafal Walkiewicz as Managing Director of its insurance investment banking division, Willis Capital Markets & Advisory (WCMA). He will be based in New York “following the end of his notice period in August, and will …

Protecting Brand Names from Cyber Threats – a Growth Sector

Cyber security and cyber threats are growing, both in numbers and in costs. They will certainly continue to increase as they follow the increases in Internet use and the rapid changes in how electronic information is gathered and stored. “90 …