July 9, 2013
Action on key federal mine safety and health rules are is lagging, including a rule aimed at lowering exposure to coal dust that causes deadly black lung disease. The federal Mine Safety and Health Administration was expected to issue the …
July 9, 2013
Bermuda-based Enstar Group Ltd., a firm that typically acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, has agreed to buy Torus Insurance Holdings Ltd. for $692 million to expand into …
July 9, 2013
Dermot O’Donohoe has been appointed group CEO of the Torus Group, the specialty insurer said. O’Donohoe succeeds Clive Tobin, who is retiring and stepping down as an officer and director following four years of leadership. The company said O’Donohoe will …
July 9, 2013
The National Hurricane Center’s most recent bulletin, released at 5:00 AM AST, places Tropical Storm Chantal in the Atlantic Ocean, off the Leeward Islands, as it slowly approaches the Caribbean. Chantal was about 75 miles – 120 kms – east …
July 9, 2013
The Association of British Insurers has released a report at its biannual conference In London, entitled “Identifying the Challenges of a Changing World.” It features an “analysis of the challenges facing the UK insurance industry and society, and launches a …
July 9, 2013
The United States and the European Union began talks on Monday on a landmark bilateral free trade agreement, despite European concerns about U.S. spying that had threatened to delay the start after nearly two years of preparation. U.S. Trade Representative …
July 9, 2013
The short length of track, nestled in a dark pine and birch forest in Quebec, is a regular overnight stop for freight trains hauling crude oil and other raw materials across North America. Normally, before retiring for the night, the …
July 9, 2013
Floods caused billions of dollars in losses and dominated the natural catastrophe statistics for the first half of 2013, according to a study released by Munich Re. “Around 47 percent of the overall losses and 45 percent of the insured …
July 9, 2013
BP Plc drew tough questions on Monday from U.S. appeals court judges hearing a complaint by the oil company objecting to the payment of certain claims for damages related to the Gulf of Mexico spill, casting doubt on BP’s effort …
July 9, 2013
The National Council on Compensation Insurance (NCCI), the workers’ compensation rating organization, appointed Katherine Antonello to the position of chief actuary. Antonello succeeds Dennis Mealy, who is retiring after 11 years of service. She will be based in NCCI’s headquarters …