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

Idaho Dairy Explosion Kills Worker

A south-central Idaho man has died in an explosion at a dairy. Authorities tell The Times-News the explosion occurred at about 6 a.m. Monday as 30-year-old Dayne A. Hansen of Rupert did welding work on a trailer. Minidoka County Sheriff …

Hull & Co. of California to Administer Arrowhead’s Traffic Control Program

Hull & Company Inc. and Arrowhead General Insurance Agency Inc. have recently entered into an agreement to transfer Arrowhead’s traffic control insurance program book of business from Arrowhead to Hull’s Irvine, Calif. office. The traffic control program, known as “FLOW,” …

Aon’s Evans Joins Wells Fargo Insurance for National, International Sales

Wells Fargo Insurance has named Alejandra (Alex) Evans as senior vice president for its Risk Management and International business. Evans is responsible for collaborating with national and regional sales leadership and partners within Wells Fargo’s Corporate Banking group to develop …

GNY Insurance Cos.’ Heck to Retire; Daughter to Succeed Him As CEO

Warren Heck, the long-time leader of GNY Insurance Companies, plans to retire at the end of 2014. He’ll remain at the insurer as non-executive chairman. His daughter, Elizabeth Heck, currently president and chief operating officer, will replace him as CEO. …

Kentucky Family Sues Over Transylvania University Drowning

The family of a teenager who drowned while attending a summer academic camp at Transylvania University has filed a wrongful death lawsuit. Thirteen-year-old Ricky Harris III, a seventh-grader at Bondurant Middle School in Frankfort, lost consciousness during a recreational swim …

Settlement in Mississippi Damages Cap Case Avoids Supreme Court Test

The parties in a lawsuit challenging the constitutionality of a legislatively imposed cap on how much juries can award in non-economic damages say they have settled the case. Oral arguments had been set for Wednesday in Jackson before the Mississippi …

SEC’s $30 Million Award Could Encourage More Whistleblowers, Lawyers

The U.S. Securities and Exchange Commission’s record $30 million whistleblower award announced this week may prompt more firms to develop practices in this area. The SEC program, enacted as part of the Dodd-Frank legislation, is intended to encourage people to …

Civil Engineers Hit Lack of National Plan on Flood Mitigation

An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy. The American Society of Civil Engineers released its recommendations this week …

As Risks Multiply, NGOs Reassess Security, Insurance Costs in Middle East

Aid agencies are tightening security measures in the Middle East and increasingly outsourcing work to local organizations to limit their exposure to multiplying risks across the region. Most if not all international NGOs had already stopped sending expatriate staff into …

Lloyd’s Posts First-Half Profits of $2.72 Billion

Lloyd’s reported a profit of £1.67 billion {$2.7218 billion] for the first six months of 2014, marking a 21 percent increase on the corresponding period last year. The announcement said that “while these results show an improvement over the equivalent …