Construction has been halted at Goldman Sachs’ new headquarters in lower Manhattan after a worker’s hammer fell 18 stories and crashed through the rear window of a passing cab. No one was injured on Wednesday after the hammer fell from …
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 …
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 …
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 …
A veteran Edmond firefighter is due workers’ compensation benefits after being diagnosed with colon cancer, the Oklahoma Court of Appeals has ruled. The court upheld the ruling of the Workers’ Compensation Court in awarding benefits to Timothy K. Vernon, who …
Insurers Can Weather Global Financial Crisis Buyers that aren’t buying; houses that aren’t selling, banks that aren’t lending — sound familiar? But in this case it’s the United Kingdom that we’re talking about, not the United States. However, one thing …
In his keynote address to the UK’s Association of Insurance and Risk Managers (AIRMIC) Joe Plumeri, Chairman and CEO of Willis Group Holdings, said that risk managers have never been more important than they are today in helping their companies …
New York officials are putting pressure on insurers and brokers to sew up the details of most large commercial insurance policies and deliver finished contracts to customers within 30 days of inception to avoid uncertainty over what’s covered and what’s …
New York officials are putting pressure on insurers and brokers to sew up the details of most large commercial insurance policies and deliver finished contracts to customers within 30 days of inception to avoid uncertainty over what’s covered and what’s …
Despite a string of high-profile construction site deaths – punctuated earlier this year by the collapses of tower cranes in two separate incidents – a new federal reports says construction deaths fell by nearly half in New York City last …
