March 14, 2008
Rich nations must come up with billions in new money to help poor countries fight global warming and not just repackage development aid to score diplomatic points, environmentalists at a meeting of top polluters said on Friday. The three-day Japan …
March 3, 2008
The federal official in charge of rebuilding the Gulf Coast after the 2005 hurricanes said he has submitted his resignation because he wants to return to Texas to get back into banking. Donald Powell, former chairman of the Federal Deposit …
February 7, 2008
Arkansas Gov. Mike Beebe has declared Baxter, Conway, Independence, Izard, Pope, Randolph, Sharp, Stone, Union and Van Buren Counties state disaster areas due to the damage caused by powerful tornadoes and violent thunderstorms on Feb. 5. Gov. Beebe toured damage …
February 6, 2008
Pres. George W. Bush has recommended nearly $5.8 billion in federal money for levee work in the New Orleans area, but the state would have to contribute about $1.5 billion – a request some Louisiana leaders consider too steep for …
January 13, 2008
On Dec. 26, President George W. Bush signed the Terrorism Risk Insurance Program Reauthorization Act of 2007 to reauthorize the federal backstop for seven years. First and foremost, reauthorization of TRIA means it is working. Without a federal backstop, the …
January 8, 2008
On Dec. 26, 2007, President George W. Bush signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA), thereby retaining the federal backstop for terrorism risk through Dec. 31, 2014. The language of the new law, which …
December 14, 2007
The U.N. climate chief warned on Thursday that a deadlock between the United States and the European Union over pollution cuts threatened to derail talks aimed at launching negotiations for a new global warming pact. Washington has refused to accept …
December 10, 2007
President George W. Bush has declared a major disaster exists in the State of Washington and ordered federal aid to supplement state and local recovery efforts in the area struck by severe storms, flooding, landslides, and mudslides that began on …
November 18, 2007
Munich Reinsurance America Inc. announced that John P. Phelan will retire as planned on Dec. 31, 2007, after serving nearly six years as chairman and CEO. Anthony J. Kuczinski, who is president of Munich Re America’s Specialty Markets Division, will …
November 7, 2007
Survivors saw relatives swept away by huge waves or buried by debris after a huge landslide hit a rain-swollen river, triggering waves that essentially wiped a Chiapas hamlet off the map and left at least 16 people missing. Residents of …