Cost is one of the many issues preventing gate and bell systems from being installed at Georgia’s roughly 5,000 public rail crossings, state and local officials say. Georgia recorded 47 highway-rail crossing deaths or injuries last year — which is …
Jackson County in Mississippi is getting a multimillion-dollar boost from the federal government to help erase the effects of Hurricane Isaac last year. The Sun Herald reports that the county will receive $10 million from the Federal Emergency Management Agency …
West Virginia University has reduced its workers’ compensation costs by about $600,000 and is looking for more ways to save money. WVU Office of Risk Management head Mike Ganso tells The Dominion Post that the effort includes training programs to …
After four months of going up at 5 percent, commercial property/casualty insurance rates have moderated. The July 2013 rate increase was plus 4 percent, according to MarketScout’s market index. Rate increases for commercial auto, workers’ compensation, directors and officers, and …
Willis Group Holdings announced that Michael Harden, currently Chairman of Willis Re Australia, has been appointed CEO of Willis Re Bermuda, effective January 1, 2014 Harden described his new assignment as a “great opportunity,” which would “further enhance Willis Re’s …
For a country that markets itself to the world with the slogan “100 percent Pure”, New Zealand’s environmental credentials are not as impeccable as many would think. The majority of its rivers are too polluted to swim in. Its record …
An article on the Lloyd’s of London website notes that the value of diamonds stolen in an armed robbery in Cannes on July 28 “has been estimated at nearly £90 million [€100 million, $133 million], making it one of the …
Despite a rough second quarter – consolidated profit of €543 million [$720 million], compared to €812 million [$1.077 billion] in Q2, 2012, Munich Re said it is “well on track to achieve its 2013 profit target.” The world’s largest reinsurer …
Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting firm for the independent insurance distribution system. …
The success of President Barack Obama’s health care plan depends on signing up millions of uninsured Americans, and Matt Saniie knows how to find them. Fresh out of the Obama re-election campaign “Data Cave,” the 31-year-old math whiz has gone …
