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

Chances of El Nino Down to 65%, Says U.S. Weather Service

A U.S. weather forecaster scaled down its estimate for the chances of the El Nino weather phenomenon occurring during autumn and early winter in the Northern Hemisphere to 65 percent, from an earlier estimate of 80 percent. The Climate Prediction …

New Day Underwriting Managers Hires Account Manager in N.J.

New Day Underwriting Managers LLC, a Hamilton, N.J.-based specialty intermediary for environmental and construction-related professional liability insurance coverage, has hired Heidi Burke as account manager. She is responsible for providing detailed commercial insurance information and support to industrial customers.

FSU Professor Links Tornado Strength, Frequency to Climate Change

New research by a Florida State University geography professor shows that climate change may be playing a key role in the strength and frequency of tornadoes hitting the United States. Published this week in the journal Climate Dynamics, the study …

Nuisance Flooding Rising Problem for U.S. Cities: NOAA

Residents and officials in major U.S. cities know it doesn’t take a fierce storm or menacing hurricane to cause flooding as they increasingly have to deal with so-called “nuisance flooding” caused by rising sea levels. Eight of the top 10 …

Teens Say Parents Ignore Pleas to Stop Texting, Driving Under Influence

U.S. parents often ignore warnings from their teenage children by driving while texting or under the influence of marijuana, according to a survey released today by Liberty Mutual Holding Co. Forty-two percent of teen passengers said they have asked parents …

Atlas General Insurance Services, LLC Hires Jill Bay-Weber as the Senior Vice President of the Commercial Division

San Diego, Calif. (Aug. 7, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes Jill Bay-Weber as the new senior vice president of the commercial division. In her new role, Bay-Weber will be responsible for the …

Endurance Adds D&O for Network Security and Privacy

Bermuda-based Endurance Specialty Holdings Ltd. announced that it has enhanced its Endurance Premier Professional product with Endurance CyberWrap, which it described as an “additional Side A Directors and Officers (D&O) liability coverage.” The coverage would apply to non-indemnified D&O losses …

Aon Acquires Peru-based Graña y Asociados to Bolster Latin American Presence

Aon Risk Solutions, the global risk management business of Aon plc, announced the acquisition of Graña y Asociados, a Lima, Peru-based leader in risk and insurance solutions for individuals and businesses. Financial terms were not disclosed. Aon said: “Graña y …

Why Debate Over Obamacare May Never End: Viewpoint

At the end of last year, I wrote that the debate over Obamacare’s impact would be settled once its main provisions took effect. Republicans thought out-of-pocket health costs would rise and access to their doctors would decrease; Democrats didn’t. “One …

Typhoons a Major Cause of Losses in July: Aon Benfield – Impact Forecasting

The latest edition of Aon Benfield’s Impact Forecasting’s Global Catastrophe Recap report concludes that Super Typhoon Rammasun, which made separate landfalls in the Philippines and China, caused widespread damage, killing at least 206 people and injuring hundreds more. In the …