Marine (Inland and Ocean) News

Insurance Companies Face Global Warming Claims

Corporations exposed to liability for greenhouse gas emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse gas emissions are not reduced. Because …

Scientists Predict $200B in Damage From Southern California Earthquake

The U.S. Geological Survey (USGS) and the California Geological Survey (CGS) are predicting a 7.8 magnitude earthquake in Southern California — similar to the recent earthquake in China — would kill 1,800 people, injure 50,000, cause $200 billion in damage, …

Program Market to Remain Vibrant in 2008

Carrier Appetite Opens the Door to Programs of Almost Any Size, Survey Reports The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and …

Eight Lawsuits Filed Over Failed Vermont Heating System

Eight lawsuits have been filed against companies involved with the heating system that malfunctioned at the Redstone Apartments near the University of Vermont in January, 2005, killing one person and sickening others. The lawsuits target as many as 10 companies, …

Trucking Under the Influence

Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or alcohol on any given day. …

It Figures

45 The number of ATV-related deaths in West Virginia in 2007, prompting Huntington’s City Council’s vote to ban all-terrain vehicles from public roads and property. The unanimous vote on April 28 modifies a 2004 law banning ATVs from roads with …

Trucking Under the Influence

Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or alcohol on any given day. …

Trucking Under the Influence

Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or alcohol on any given day. …

People

Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on property/casualty insurance brokerage operations. Prior to being promoted …

Insurance Industry: One Cog in the Cargo Theft Prevention Machine

Supply chain players advised to combine strategies for a multi-level solution to loss control While cargo theft can affect every sector of the supply chain, competing interests among the various players in the chain can get in the way of …