“The world’s national oil companies (NOCs) could be in a position to benefit from lower overall costs of risk over the next few years,” according to an analysis from Marsh. A reduction in the number of natural catastrophes, more capacity …
Dallas-based Lipscomb Insurance Group has partnered with Ronnie Cathey to form Lipscomb & Cathey. Cathey’s expertise includes real estate and marine insurance. Lipscomb is a full service agency offering property/casualty and life/health, as well as unusual and special insurance products …
Trade ministers expressed gloom on Saturday, January 30, about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging. Ministers from about 20 major economies held informal talks on the sidelines …
Maine fire officials say they’ll probably never know the cause of a fire that killed 72,000 chickens in a barn in Belfast. The fire early Thursday morning destroyed a three-story, 500-foot poultry barn in the midcoast town. Owner Merle Grass …
Federal officials say that about 6,500 more properties in Broome Count, New York than originally believed are vulnerable to floods like one that devastated parts of the region in 2006. Updated flood maps released Thursday by the Federal Emergency Management …
Workers’ compensation costs per claim for injured workers in Minnesota are among the lowest of 15 states, according to a new study by the Workers Compensation Research Institute (WCRI). The study by the Cambridge, Mass.-based WCRI found that total costs …
Congressional investigators Thursday sought documents from Toyota Motor Corp and U.S. safety regulators about a pair of safety recalls the automaker was racing to address. House Energy and Commerce Committee Chairman Henry Waxman said he would hold a hearing next …
The town of Middletown, Rhode Island agreed to settle a lawsuit that accused it of polluting prized state beaches by illegally discharging millions of gallons of sewage-laced wastewater. The town, located just north of Newport on Aquidneck Island, agreed to …
The costs per all paid workers’ compensation insurance claims in Louisiana averaged 35 percent higher than the typical study state, according to a Massachusetts-based research group that studies workers’ comp. In its “CompScopeBenchmarks for Louisiana, 10th Edition,” the Workers Compensation …
Zurich Financial Services announced that its Z Zurich Foundation will support the International Labor Organization’s Microinsurance Innovation Facility with a CHF 3 million [$2.85 million] grant. The Facility promotes the development of “innovative approaches to provide better insurance coverage to …
