regulations News

Safety Fears Spur Regulations For Trampoline Gyms In Utah, California

Stephen Merrill was finishing his freshman year of college two years ago when he and a group of friends went to an indoor trampoline park in Utah for a day of flipping, jumping and bouncing. At one point, Merrill leaped …

South Dakota Insurance Firm to Pay Penalty, Comply With Law

The state Insurance Division says a South Dakota-based insurance company has agreed to pay a penalty of $25,000 and comply with insurance laws and regulations. The division says it has completed an examination of ReliaMax Surety Co., which issues surety …

Utah County Considers Regulating Trampoline Parks

Utah County officials are considering regulating trampoline parks after the county’s emergency room doctors reported dozens of serious injuries from the centers in the past year and a half. Lance Madigan of the Utah County Health Department says ER doctors …

Agency Investigating Plant Blast Finds Lax Chemical Regulation

A federal agency investigating a deadly explosion at a Texas fertilizer plant will tell a Senate committee that regulation of the dangerous chemicals used in the industry fall under a “patchwork” of standards that are decades old and are far …

Fitch Downgrades Argentine Insurers Ratings after Sovereign Downgrade

Fitch Ratings has downgraded the long-term National Scale ratings of 12 insurance companies in Argentina, and has also revised the companies’ rating outlooks to negative from stable. Fitch said it took the rating actions following its Nov. 27 downgrade of …

EU’s Debt Crisis Saps its Ability to Lead Climate Change Debate

The EU’s debt crisis has sapped its ability to lead the way in global climate talks, which began in Doha on Monday, and to build on a fragile victory it clinched a year ago. The European Union is one of …

Willis Launches ‘DARCstar’ Directors’ All Risks Cover in Asia-Pacific Region

Willis Group Holdings announced the launch of its directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore, which it said offers “unique” coverage. Willis explained that “DARCstar policies have already been written for a number of global companies. …

Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations

Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that revues the findings of the “The Risk …

Services Trade Talks Begin as WTO Seeks Way out of Stalemate

Countries representing 70 percent of the global economy are set to negotiate lower barriers to trade in services after agreeing the structure of a deal, Australian Trade Minister Craig Emerson said in an interview. The push for a deal on …

Big Brazil Health Insurance Deal May be Tough to Replicate

With a $4.9 billion takeover of Brazil’s biggest healthcare provider, UnitedHealth Group appears to have snatched the crown jewel in a market with plenty of promise but formidable barriers to entry for any foreign rivals looking to follow suit. UnitedHealth’s …