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

Canadian Pacific Railway’s CEO Says Biggest Crude-by-Rail Fear Is Terrorism

Hunter Harrison, Canadian Pacific Railway Ltd.’s chief executive officer, said his greatest fear in moving crude by rail is the prospect of a terrorist attack on the company’s trains. “That’s what concerns me more because it can be planned to …

MedMal Direct to Expand Through Liberty Mutual Partnership

Jacksonville, Fla.-based MedMal Direct Insurance Co. formed a strategic alliance with Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance, effective January 1, 2015. As a quota share reinsurer of MedMal Direct, Liberty Mutual will support MedMal Direct’s further …

Low Water Levels at Tennessee’s Boone Lake Concern Nearby Business Owners

Business owners around Boone Lake worry they might be left high and dry this summer with the Tennessee Valley Authority’s sustained drawdown of the lake. The Johnson City Press reported that TVA has announced that water levels will remain low …

USDA Seeks Crop Insurance Products for Specialty Crop, Fruit, Vegetable Growers

The federal crop insurance program would be extended to growers of specialty crops, fruits and vegetables as well as other farmers who have not had access to policies under new rules proposed by the U.S. Department of Agriculture (USDA). These …

Ohio Sues BP for $33M Over Tank Leak Cleanup Costs

BP Plc double dipped by taking a total of more than $33 million from an Ohio compensation fund and insurers to clean up leaks from underground storage tanks, according to the state’s attorney general. Attorney General Mike DeWine and Ohio’s …

Oklahoma, U.S. Differ in Earthquake Calculations

The Oklahoma Geological Survey reported fewer than half the number of 4.0 magnitude and higher earthquakes in Oklahoma last year as the U.S. Geological Survey, according to agency records. While OGS reported six earthquakes of magnitude 4.0 and higher last …

Nurse Who Caught Ebola Sues Dallas Hospital Where She Worked

Nina Pham, a nurse who contracted Ebola while treating a man who died of the disease, sued the Dallas hospital where she worked, her attorney’s office said without elaborating. Pham and another Texas Health Presbyterian Hospital Dallas nurse, Amber Vinson, …

Arthur J. Gallagher Acquires Excel Insurance, Metcom Excess in N.J.

Arthur J. Gallagher & Co. announced the acquisition of two New Jersey-based wholesale brokers: Excel Insurance Services Inc., located in Hamilton; and McCloskey Surplus & Excess Inc. (d/b/a Metcom Excess), located in Ridgefield Park. Terms of the transactions were not …

Former Penn. Commissioner Consedine Joins Transamerica to Lead Gov’t Affairs

Transamerica, headquartered in Baltimore, Maryland, has appointed former Pennsylvania Insurance Commissioner Michael F. Consedine as senior vice president, deputy general counsel and executive director of government affairs.

Terrorists Have Shifted from Attacking Airlines to Mass Transit: Study

Successful terrorists have shifted their focus in recent years away from attacking airlines to attacking subway and rail systems, according to an analysis of terrorist attacks over a 30-year period from 1982 to 2011 by a leading health and safety …