March 23, 2009
Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local level. Former Gov. Jeb …
March 23, 2009
Are professional sports the next terrorist targets? The terrorist attack on Sri Lanka’s cricket team in Lahore (Pakistan) “highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions (www.rms.com). “A …
March 19, 2009
American International Group Inc., being kept afloat by a $180 billion government bailout, may sell its downtown Manhattan headquarters. “AIG is evaluating the potential sale of its headquarters building at 70 Pine Street and the 72 Wall Street building,” said …
March 18, 2009
Some Democratic lawmakers joined by Texas residents who have had trouble getting drivers’ licenses under new Department of Public Safety rules are pushing for legislation that would undo a policy they say harms U.S. citizens and legal immigrants. Rep. Ruth …
March 16, 2009
Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local level. Former Gov. Jeb …
March 11, 2009
A bulletin from the Chubb Corp. notes that “as pirates increasingly target cargo vessels in the Gulf of Aden, owners are struggling to pay escalating ransom demands—putting their crews at risk, an insurance executive told nearly 100 Korean ship owners …
March 9, 2009
New York City and the Port Authority of New York and New Jersey have reached an agreement to improve crane safety in the wake of deadly accidents last year. Both agencies said last Friday that any crane or derrick on …
March 6, 2009
“The terrorist attack on the Sri Lanka cricket team in Lahore [Pakistan] highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions. “A characteristic of terrorist behavior is learning from …
March 4, 2009
A.M. Best Co. said it is “maintaining a stable outlook in 2009 for the global reinsurance sector for the third consecutive year. This current outlook implies that the majority of 2009 reinsurer rating actions are likely to be affirmations with …
March 4, 2009
At an average cost of $502 per year, home insurance in Oregon is among the least costly in the nation, according to a nationwide survey. For example, the average homeowner’s premium was $1,257 in Louisiana and $603 in neighboring Washington. …