Washington News

NSU Named One of Washington’s ‘Best Companies to Work For’

National Specialty Underwriters Inc. (NSU) of Bellevue, Wash., was named one of Washington’s 2010 Best Companies to Work For. Seattle Business magazine chose 100 finalists in their search for Washington’s Best Companies to Work For. More than 10,000 employees from …

Risk Management a Low Priority for Small Business World

Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the insurer warns. “Small business …

BP Partner Anadarko Places All Blame for Oil Disaster on BP

As BP Plc rushed to raise cash to pay for the Gulf of Mexico disaster, a partner in the out-of-control well said the British company was likely guilty of “willful misconduct” and should shoulder the financial burden for the worst …

BP Looking to Raise $50 Billion to Cover Gulf Oil Disaster Costs

British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible …

Business Moves

Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC plans …

Declarations

Waitress or Entertainer? “This really is the cornerstone of civil rights: You can’t discriminate based on appearance.” —Richard Bernstein, an attorney for two former waitresses in Michigan who said Hooters fired them because of their weight, told a newspaper the …

Declarations

Not Up to Speed “I don’t think speed is in your vocabulary yet. People are just trying to survive.” —Florida CFO Alex Sink telling BP senior VP Bob Fryar his company is not moving quickly enough to pay claims from …

People

U.S. Risk Insurance Group Inc. named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has more than 20 years of insurance experience, most recently in the wholesale arena. She previously was the underwriting …

Worldwide Facilities Names Sawyer VP/Broker for Healthcare Practice

Worldwide Facilities Inc. in Phoenix has named Eric Sawyer a vice president and broker for the healthcare practice group. Sawyer brings more than 10 years of medical malpractice experience to the group. He will be working remotely from Worldwide Facilities’ …

Non-Resident Blogger Can Be Sued in Florida Over Defamation

The Florida Supreme Court has ruled that a non-resident blogger can be sued in the state for posting allegedly defamatory comments about a Florida company on her out-of-state Web site. In a unanimous opinion, the court said that if a …