March 23, 2007
“For the third year running, underwriters in the Lloyd’s market have identified managing the cycle as the most important challenge for the industry, and over two-thirds believe that the industry has made some progress managing it,” says an announcement on …
March 20, 2007
Chemical facilities in New Jersey using extremely hazardous substances must weigh using safer options and plant workers can now join state inspections under new state policies to improve safety and security at the facilities. Gov. Jon S. Corzine announced the …
March 19, 2007
A federal judge in Louisiana has set a trial date for late 2008 to hear a lawsuit over a navigation channel built and operated by the Army Corps of Engineers that contributed to the flooding of St. Bernard Parish and …
March 19, 2007
Randy Phebus, food microbiologist and professor of food safety and security at Kansas State University, didn’t get much of a response when he first proposed the idea of a new lab that would aim to protect the nation’s food supply. …
March 19, 2007
18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the Dublin …
March 16, 2007
A proposal for a national disaster plan to backup private hurricane and flood insurance markets appears to be gaining momentum in Washington. This week, Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, expressed his support for a …
March 14, 2007
World Trade Center builders rallied with hundreds of construction workers Monday to protest stalled payments by two insurers, saying their failure to pay is jeopardizing ground zero rebuilding. Trade center developer Larry Silverstein, Port Authority of New York and New …
March 14, 2007
The state Department of Public Utility Control has concluded that despite federal government objections, it has the authority to investigate the release of thousands of phone records to the National Security Agency. The DPUC, in a draft decision Monday, said …
March 14, 2007
The Independent Insurance Agents & Brokers of America (the Big “I”) has hired Jason Spence as its new assistant vice president for federal government affairs, effective March 12. Spence comes to the Big “I” from the U.S. Department of the …
March 12, 2007
Insurance department tells company to reinstate policies 11 Former Okla. commissioner arrested, jailed Fisher broke terms of appeal bond, AG says N1 Industry gears up for more federal terrorism insurance debates Advocates say the coverage still vital to national security …