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

El Nino Forecasts Flop as Puzzled Scientists Search for Answers

When it comes to El Nino, 2014-15 may be the years that launched a thousand academic papers. Since last March, forecasters have said an El Nino was on the way. The only trouble is, it hasn’t arrived. Call it the …

How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers

While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new study. While brokers are the most frequent …

As U.S. Economy Improves, Fatalities at Railroad Crossings Rise

Fatalities at train crossings are starting to creep back up after years of decline, possibly due to an improving economy that has increased traffic on both roads and rails. The number of people killed where rail lines and roads intersect …

Drivers Criticize New York Crossing Where Train, Car Collided

The Westchester County rail crossing made Nicole Sanders anxious even before she witnessed this week’s fiery fatal collision between a commuter train and a sport- utility vehicle. “There are a whole lot of moving parts for the driver to consider,” …

White House Urges Action on Cyber Bill After Anthem Attack

President Barack Obama’s top advisers urged Congress to act quickly to strengthen consumer data protections after the security breach at Anthem Inc. “Hardly a week goes by when the problem is not on the front pages of the newspapers,” John …

Aspen Reports Q4 After-Tax Net Income of $67.2 Million

Bermuda-headquartered Aspen Insurance Holdings Limited reported net income after tax of $67.2 million, or $0.90 diluted net income per share, for the fourth quarter of 2014. This compares to net income after tax of $90.0 million, or $1.21 diluted net …

States Begin Investigating Insurer Anthem’s Data Breach

Several U.S. states are investigating a massive cyber attack on No. 2 U.S. health insurer Anthem Inc that a person familiar with the matter said is being examined for possible ties to China. Anthem disclosed the attack late Wednesday, saying …

Northeast’s Economy Took $500M Hit from Recent Blizzard: Aon

The Northeast U.S., including New York and Massachusetts, sustained at least $500 million in economic losses last month when a winter storm ripped through the region, Aon Plc said. The blizzard from Jan. 26 to 28 killed at least two …

Oil Tankers Run Gauntlet in Nigeria’s ‘Pirate Alley’

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as …

Paris Murders Make Finding a Solution to Violence More Imperative

It will be a month on Saturday since the murderous attacks on the offices of the French satirical magazine Charlie Hebdo and the kosher supermarket in Paris took place. These were not the first such attacks by fanatics on western …