January 18, 2008
A former United Airlines flight attendant has settled a suit claiming she was wrongfully fired after close friends and colleagues were killed on a jet hijacked during the September 11 terrorist attacks. Deborah Jackson said she felt extreme guilt, grief …
January 15, 2008
In a controversial decision the government announced that it will approve “a building program for a new generation of nuclear power stations, citing environmental reasons and the need for energy security in a turbulent world,” notes a bulletin on the …
January 14, 2008
Republican presidential candidate Rudy Giuliani said that his experience as New York City’s mayor during the Sept. 11, 2001, terrorist attacks is a big reason why he supports a national insurance backup fund. “Maybe I feel more strongly about this …
January 14, 2008
The owners of a Charleston furniture store that burned down and killed nine firefighters agreed to pay $13,110 in fines but they admitted no wrongdoing, state regulators announced last week. The Sofa Super Store was initially fined $32,775 for three …
January 13, 2008
Passage of federal terrorism insurance extension buys another seven years for industry to find a long-term solution Many in the insurance industry breathed a cool sigh of relief when just five days before the Terrorism Risk Insurance Act was set …
January 13, 2008
$72 Million The value of assets seized from Martin Frankel, a former financier convicted of stealing from insurance companies. Outgoing Mississippi Insurance Commissioner George Dale said the assets were seized by the FBI and the Internal Revenue Service as a …
January 13, 2008
Experts are particularly concerned that not all colleges are following recommended counterterrorism procedures After more than a decade in counterterrorism, Jim McGee can no longer relax and enjoy watching a sports event. The fans look like potential victims of terrorism …
January 13, 2008
Brown & Brown, Turner & Associates Through a subsidiary, Brown & Brown Inc. acquired Tecumseh, Okla.-based Turner & Associates Insurance Agency Inc. Turner & Associates, with annualized revenue of approximately $1.7 million, specializes in the oil and gas industry. The …
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 9, 2008
A research study, commissioned by Lloyd’s and the Economist Intelligence Unit in 2007, found that “54 percent of business leaders felt that the risk to their company of political violence and terrorist activity would increase over the next five years.” …