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BP Test of New Cap on Gulf Oil Well Could Be Turning Point

BP Plc prepared on Tuesday to test a new cap on its runaway well, arresting the flow of oil which has been gushing into the Gulf of Mexico for the last 12 weeks. [According to Reuters BP Plc will launch …

With Hewitt, Aon Will Jump Over Marsh to Be Largest HR Consultant

Aon Corp. will spend $4.9 billion to buy Hewitt Associates Inc., in an aggressive bid to leapfrog archrival Marsh and McLennan and create the world’s largest human resource services company. Aon, in its largest-ever deal, would issue 64 million shares …

Hearing Scheduled Today on HR 3424, Reinsurance Tax Bill

HR 3424 will be the subject of a hearing House by the House Representatives Ways and Means Committee today at 10:00 a.m. The Bill, sponsored by Rep. Richard E. Neal (D-MA), has been the subject of a lengthy debate [See …

Hayride Death Stirs Debate Over Kentucky’s Farm Safety Laws

The death of a woman thrown from a hay wagon during a ride at a county fair has opened a debate over whether there should be improvements to Kentucky laws on farm equipment safety. Dale Dobson, head of the Farm …

Self-Employed Contractor Cannot Hold Hirer Vicariously Liable for Job Injuries

Property owners who hire independent contractors are not vicariously liable for on-the-job injuries to the contractor’s employees, the California Supreme Court has ruled. The state high court extended the decision in Privette v. Superior Court (Privette doctrine) and said those …

Michigan Jury Awards $1.2 Million to Patient for Hospital Burns

A 78-year-old Washington Township woman has been awarded $1.2 million for burns and permanent scars suffered while she was a patient at Henry Ford Macomb Hospital. Valerija Milosevic was awarded the money by a Macomb County Circuit Court jury on …

PartnerRe’s Exec. VP, CFO Benchimol to Step Down in December

Bermuda-bsed PartnerRe Ltd. announced that Executive Vice President and Chief Financial Officer Albert Benchimol will leave the Company, effective December 31, 2010. He has served as EVP & CFO since he joined PartnerRe in 2000. In 2007, he took on …

EPIC Adds Three to Staff

EPIC (Edgewood Partners Insurance Center), a California-based retail property, casualty and employee benefits insurance brokerage, has added North Bay insurance professionals Wade Gordon and Jennifer Heliotes in the company’s newest Petaluma, Calif., branch office. Both have deep ties to the …

Tennessee Sees Few Citations Under Year-Old Texting While Driving Law

Police across Tennessee are writing few citations under the year-old texting-while-driving law. The statute went into effect in July 2009, allowing officers to write tickets to drivers they catch sending cell phone text messages while operating vehicles. The fine for …

Allan Joins Richards Robinson Sheppard

Thomas Allan has joined Boston-based Richards Robinson Sheppard Insurance as vice president. Allan specializes in construction accounts and utilizes his experience of over 35 years in insurance. Prior to joining Richards Robinson Sheppard Insurance, he served in producer and account …

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