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

U.S. Hospitals Face Risks in Ebola Virus Waste Disposal

U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety experts said. Waste management companies are refusing …

Colleges Look to Control Fraternities, Hazing As Tragic Incidents Multiply

The death of a Clemson University sophomore is the latest incident to raise alarms about safety at fraternities on U.S. campuses, with more colleges cracking down on dangerous behavior. Clemson, in South Carolina, said Sept. 23 that it suspended new-member …

Marketform in Major Modernization Move to New Offices

Specialist Lloyd’s underwriter Marketform announced that it will relocate its entire London staff to new offices at 20 Gracechurch Street, effective today, the 29th of September. “The new premises, 100 meters from Lloyd’s, has been specifically designed to accommodate its …

Allianz CEO’s Contract Likely to Be Extended

Allianz is set to extend the contract of its Chief Executive Michael Diekmann by two years as the German insurer seeks to soothe the turmoil over leadership change at its Pimco subsidiary, a German newspaper reported. Allianz’s supervisory board will …

Allianz: No Plans to Hike Pimco Oversight

German insurer Allianz says it has no plans to increase oversight of its California-based investment unit Pimco after the shock departure of co-founder Bill Gross sent shares in the Munich-based parent tumbling at the end of last week. Allianz stock, …

Lloyd’s Chairman Nelson on Reinsurance Market, Coverholders, Future Expansion

Lloyd’s Chairman John Nelson is pleased with the current state of the Lloyd’s market. Shortly after Nelson was interviewed at the Reinsurance Rendezvous in Monte Carlo, Lloyd’s announced a $1.67 billion [$2.72 billion] profit for the first half of 2014. …

‘Bond King’ Bill Gross Resigns From PIMCO, Joins Janus

Bill Gross, the bond market’s most renowned investor, quit PIMCO for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than 40 years ago. …

Trial Over Greenberg’s Challenge to AIG Bailout to Get Underway

One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in fact, legal. …

Arc Legal Questions CMA Finding on Motor Policy Add-Ons

Arc Legal Assistance has questioned whether the publication of claims ratios at the point of sale would provide an accurate measure of the benefits and value of a motor legal expenses insurance policy. Arc Legal, a London-based provider of legal …

Allied World North America Enhances Its ForceField Line with Primary D&O

Allied World North America, a company of Allied World Assurance Company Holdings, AG has added a new directors & officers (D&O) product to its ForceField suite of professional liability products. The ForceField Public Company Directors & Officers and Corporate Liability …