Oil platform operator Black Elk Energy is facing federal criminal charges in connection with a November 2012 explosion off Louisiana’s coast that left three workers dead and others badly injured. Multiple media outlets report that U.S. Attorney Kenneth Allen Polite …
The article Feds Charge Texas-Based Oil Platform Operator over Deadly Blast appeared first on Insurance Journal.
Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …
The article Zurich Launches Management Liability Offering for SMEs in Australia appeared first on Insurance Journal.
Insurance broker Lockton hired Manoj Sharma as chief operating officer of its Southeast operations. He is based in Lockton’s Atlanta office. Sharma succeeds Jason Richardson who recently moved to Colorado for a business venture of his own, Lockton said. At …
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Insurance brokerage Hub International Limited announced that it has acquired the assets of Triangle Insurance Services Inc., an independent insurance agency based in Raleigh, North Carolina. Terms of the acquisition were not disclosed. Triangle Insurance specializes in providing property/casualty insurance …
The article Hub International Acquires Triangle Insurance in North Carolina appeared first on Insurance Journal.
As more farms open themselves up to visitors for apple picking, hay rides and some extra income, experts are advising owners to take steps to prevent accidents — be they small or fatal. Farming is one of the more dangerous …
The article Agritourism Growth in Northeast Raises Concerns Over Safety, Liability appeared first on Insurance Journal.
Law enforcement officials and theft investigators are concerned that criminals may be getting their hands on high-tech electronic devices that can be used to break into vehicles. Also, they warn, these devices could be used to start and steal vehicles, …
The article Crime Investigators Warn on ‘Mystery’ Devices Used in Car Break-Ins appeared first on Insurance Journal.
Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on Chinese media reports. Tianjin, …
The article Tianjin Blast, Fires Initial Insured Loss Estimates = $1.0 to $1.5 Billion appeared first on Insurance Journal.
A wildfire that erupted near a destructive blaze in Northern California’s rural, rocky hills expanded farther. The blaze had burned 9 square miles by Monday afternoon, the California Department of Forestry and Fire Protection said. It broke out several miles …
The article California Wildfire That Erupted Near Massive Blaze Expands appeared first on Insurance Journal.
The AccuWeather Global Weather Center reports that two typhoons, currently located in the Eastern Pacific Ocean “will strengthen further in the coming days, as one or both could become super typhoons. Typhoon Goni battered the Mariana Islands with flooding and …
The article Typhoons Goni & Atsani Moving Toward Taiwan, Japan, Korea: AccuWeather Report appeared first on Insurance Journal.
UK insurers face tougher conduct rules as the Financial Conduct Authority makes it easier to hold individuals at financial firms to account for failures on their watch. The FCA issued final rules on Thursday amending its accountability framework for firms …
The article UK Regulator Toughens Rules to Hold Insurers’ Execs Responsible for Failures appeared first on Insurance Journal.