October 16, 2013
A conservative think tank and advocate for harsher liquor laws in Utah is pushing to lower the legal limit for a driver’s blood alcohol level, arguing it would reduce roadway deaths. The Salt Lake City-based nonprofit Sutherland Institute wants to …
October 16, 2013
About $42 million has been recovered in the last week by the Tennessee Valley Authority to help pay for more than $1 billion in expenses stemming from the cleanup at the 2008 ash spill at the Kingston Fossil Plant. The …
October 16, 2013
Florida officials plan to file a brief in support of Mississippi’s lawsuit against the federal government in an attempt to block flood insurance rate hikes called for under recent reform legislation. Gov. Rick Scott and Attorney General Pam Bondi said …
October 16, 2013
A majority of U.S. Supreme Court justices raised doubts on Tuesday over whether Daimler AG can be sued in federal court for allegations that a subsidiary violated the human rights of workers at a plant in Argentina in the 1970s. …
October 16, 2013
Rural groups say they’ll fight a proposed $100 million-a-year cut in crop insurance subsidies, a measure that has won the support of both houses of Congress and could be a test of agriculture’s influence in Washington. The House of Representatives …
October 16, 2013
The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules mean …
October 16, 2013
Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million in FWD Group, describing it as a confirmation of its “commitment to the High Growth Markets.” Swiss Re’s investment in …
October 16, 2013
According to catastrophe modeling firm AIR Worldwide “Very Severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha.” AIR said it was a “large storm, with gale force winds (63 km/h [39 mph]) extending …
October 16, 2013
A newly issued report from A.M. Best cites International Monetary Fund (IMF) statistics, showing that “Latin American countries had an estimated population of 581 million in 2012 and a combined gross domestic product (GDP) of $5.4 trillion.” In addition the …
October 16, 2013
Lockton Companies announced that Matthew Gooda has joined its London operations as Mining Advocate, Senior Vice President. He will advise global mining clients on insurance and risk management. The bulletin said “Gooda’s expertise will help promote Lockton’s position in the …