The Obama administration this week sent Congress legislation seeking to impose broad new oversight on derivatives, the complex financial instruments blamed for hastening the global economic crisis. The plan is designed to bring transparency to, and prevent manipulation in, a …
The Atlantic could get its first named storm of the hurricane season later Wednesday, according to the U.S. National Hurricane Center. The basin’s second tropical depression is remaining just below tropical storm strength, the NHC said in its latest report …
The second seismic event to hit Japan in two days occurred off the central coast of the Japanese island of Honshu at 5:15 a.m. local time (20:15 UTC on Monday). Catastrophe risk modeling firm AIR Worldwide said the US Geological …
Typhoon Morakot wreaked havoc in Taiwan over the weekend, making landfall late on Friday in Taiwan’s Hualien County with sustained winds of 148 km/h (92 mph). “As of Friday, Morakot had generated only 100 mm (4 in) of precipitation in …
If historical trends continue, July and August are the deadliest and most dangerous months for Washington workers, according to the state’s Department of Labor & Industries. L&I says in the summertime, there is typically a spike in worker injuries. In …
In the past few years, the Texas Supreme Court has repeatedly addressed the meaning and operation of policy conditions. Perhaps nothing has received as much attention as the conditions relating to notice of an occurrence, claim or suit, and the …
California’s Department of Industrial Relations’ (DIR) Division of Occupational Safety and Health (Cal/OSHA) has filed a proposal with the Occupational Safety and Health Standards Board to amend the state’s heat illness prevention regulations. This action follows the July 16 request …
Oklahoma Gov. Brad Henry is seeking federal disaster designation for Oklahoma farmers and ranchers hit hard by extreme weather conditions the past 10 months. Henry said he made the request in a letter to Agriculture Secretary Tom Vilsak. The governor …
Some Asia-Pacific nations criticized U.S. and other developed world protectionism on Tuesday at a meeting aimed at spurring a global trade pact and revitalizing the global economy. Thai Commerce Minister Pornthiva Nakasai, meeting her Asia-Pacific Economic Cooperation counterparts including the …
Illinois Governor Pat Quinn named Michael McRaith director of the newly created Department of Insurance (DOI), which separated from the Illinois Department of Financial and Professional Regulation (IDFPR) on June 1, 2009. Quinn also asked Brent Adams to serve as …
