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Colorado Lawmakers Reviewing Flood Response

Colorado lawmakers are studying responses to September’s catastrophic floods. A special state legislative panel held its first meeting Tuesday. Members are looking at whether there’s a need for legislation to better react to such a disaster in the future. They …

Los Angeles County Settles $7.5M Medical Malpractice Suit

The Los Angeles County Board of Supervisors approved a $7.5 million payment to a toddler who was born with a brain injury at a county-run hospital to settle a medical malpractice lawsuit. The lawsuit filed on behalf of the 18-month-old …

Senate Expected to Pass Gay Workplace Rights Bill Opposed by House

Most employers would be banned from firing, demoting or refusing to hire workers because of their sexual orientation or gender identity under legislation in line for action today in the U.S. Senate. The measure, known as the Employment Non-Discrimination Act, …

Ladd Joins Senn Dunn in North Carolina

Senn Dunn Insurance in Greensboro, North Carolina has named Wanda C. Ladd as director of Human Resources for the statewide agency. Ladd brings 18 years of experience in the human resource field. Prior to joining Senn Dunn, she was a …

Use of Predictive Models Widespread in P/C Insurance: Survey

A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use predictive modeling in one or more lines. Earnix, a provider of pricing …

Neutral El Nino Condtions Forecast Through Spring: NOAA

The U.S. National Oceanic and Atmospheric Administration (NOAA) said on Thursday it expects neutral El Niño weather conditions to persist in the Northern Hemisphere through spring. In its monthly report, NOAA’s Climate Prediction Center said that atmospheric and ocean conditions …

AIR Estimates Insured Losses from Europe Windstorm at $2-$3 Billion

Catastrophe modeling firm AIR Worldwide has estimated that insured losses from Windstorm Christian (known as St. Jude in the UK) will range between €1.5 billion €2.3 billion [$2 to $3 billion], with the majority of insured losses occurring in Denmark …

ABI Estimates 105,000 Claims Totaling $208 Million from St. Jude Storm

The Association of British Insurers (ABI) said it expects the country’s insurers to “deal with a total of 105,000 claims, and pay out £130 million [$208 million] to policyholders whose homes, businesses and vehicles were damaged during last week’s St …

Arctic Ship Route May be Safer with Anglo-Russian Radio Waves

The perils of the new Arctic shipping route, warmed by climate change, may diminish with a British-Russian radio navigation initiative, under development to shore up vulnerable satellite-based alternatives. The British system, being trialed in the hectic shipping lanes past Dover …

AIG Settles Dispute Over Real Estate Executive Pay for $274M

American International Group Inc. has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008. The settlement came as a trial was due to have …

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