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

Republicans Target Obamacare Part-Time Worker Provision

Republicans, newly in charge of the U.S. House and Senate, begin their campaign to dismantle Obamacare with a vote this week to ease the law’s requirement that large employers give health insurance to full-time workers. Under the Patient Protection and …

Australian Firefighters Containing Sprawling Wildfire

Firefighters in southern Australia were winning the battle on Tuesday to contain a sprawling wildfire raging on a 240-kilometer (150-mile) perimeter that has razed 38 homes and left two people in hospitals, officials said. Hundreds of firefighters have struggled since …

Divers Hunt for AirAsia Black Box after Finding Part of Jet Tail in Ocean

Divers looking for the crashed AirAsia Bhd. jetliner found part of the plane´s tail, putting them a step closer to locating the black boxes that may explain the accident. The search since yesterday is focusing on finding objects under water …

AmWINS Launches Small Business Division

Wholesale broker AmWINS Group Inc. has launched a fifth division, AmWINS Access, which is dedicated to small account binding authority business. In conjunction with the launch of this new division, offices of Gresham & Associates and Bliss & Glennon – …

UN Aviation Agency to Propose 15-Minute Flight Tracking Standard

The United Nations aviation agency will propose a new standard that requires commercial aircraft to report their position every 15 minutes as part of a global tracking initiative in the aftermath of the disappearance of a Malaysian jetliner. The loss …

Catalina Holdings Irish Sub to Take Over Quinn Insurance Liabilities

Catalina Holdings (Bermuda) Ltd. announced that it has entered into an agreement through its subsidiary company Catalina Insurance Ireland Limited, with Quinn Insurance Limited (under administration) for the portfolio transfer of legacy insurance liabilities. Catalina Ireland is domiciled in Ireland …

Munich Re’s 2014 Nat Cat Review Highlights Low Loss Levels

Munich Re’s review of losses caused by natural catastrophes in 2014 confirms that it was indeed another benign year for the re/insurance industry. “The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that …

Study Shows Car Crashes Rise With Daylight Saving Time

An economist has a warning for the more than 1.5 billion people living in countries that observe daylight saving time: Springing forward may be bad for your health. The wisdom of moving clocks an hour forward during summer months has …

North Carolina Home Insurers Weigh Appeal of Rate Denial

North Carolina property insurers are on hold while the industry rating agency contemplates whether to appeal a decision by regulators denying a proposed 25.3 percent rate increase. The North Carolina Rate Bureau made the rate filing on behalf of the …

Clark Named President of Gorst & Compass in California

Gorst & Compass Insurance has named Bryan Clark president. Michael F. Heagerty, who was president and CEO, will assume the position of chairman and CEO. Clark began his insurance career in 1997 when he joined Gorst as an underwriter trainee. …