Monthly Archives: <span>January 2015</span>

Obama’s Visit to India Ignites Nuclear Accident Liability Debate

It’s a $182 billion question for India with no easy answer. That’s the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi’s pledge to provide around-the-clock electricity, and end the nation’s blackout …

Tennessee’s Crichton Group Makes Staff Changes, Names New Partner

The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. In addition, it has also added an account executive and an account manager to its team. The staff …

Kentucky Doctor Accused of Prescribing Drugs that Led to 5 Patient Deaths

A doctor with offices in Louisville, Ky. and southern Indiana has been charged with prescribing pain medications that resulted in the deaths of five patients. The U.S. attorney’s office in Louisville said 47-year-old Jaime Guerrero was charged in a 32-count …

Maine Expresses Opposition to OSHA’s SHARP Program Changes

Maine’s Commissioner of Labor Jeanne Paquette said in a statement Wednesday that the state’s Department of Labor is opposed to the Occupational Safety and Health Administration’s (OSHA) changes to the Safety and Health Achievement Recognition Program award (SHARP). The SHARP …

Mississippi Residents, Lawmakers Pushing Bill to Disclose Insurance Costs by Area

A group of lawmakers and residents from the Mississippi Gulf Coast are again pushing a bill that would require insurance companies to disclose, by geographic area, how much they are charging to insure property. The idea, which originated in Alabama, …

Travelers CEO Fishman Reduces Outside Activities Due To Health

Travelers Cos. Chief Executive Officer Jay Fishman is reducing his activities that aren’t tied to the company after being diagnosed with a neuromuscular condition. “I have already begun to cut back fairly meaningfully on my non-Travelers commitments,” Fishman, 62, said …

Global Insurers, Brokers Establish Micro Insurance Consortium

A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator (MVI). Among the companies taking part in …

Swiss Re Corporate Solutions Strengthens Cyber & Technology Team

Swiss Re Corporate Solutions has strengthened its Cyber & Technology team with the addition of two new senior executives. Francois Brisson and Richard De Piero have been appointed Global Head and North America Head, respectively, for this key line of …

U.S. to Back New System Warning Airlines in Conflict Zones

The United States will throw its support behind a proposal by the U.N.’s aviation agency to share information about risks to commercial aircraft over conflict zones after the downing of a Malaysian jet in Ukraine last year, according to a …

Consumer Group Urges Florida to Keep McCarty as Commissioner

A national consumer group is urging Florida to keep its current insurance regulator, a man the group says is one of the best regulators in the country but who is rumored to be under pressure to resign by the Scott …