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12
10, 2015
Latitude Brokers Completes Management Buyout of CGSC Stake
Hong Kong-based marine insurance specialist Latitude Brokers has announced the management buyout of its shareholding previously owned by Cooper Gay Swett & Crawford (CGSC). Financial terms of the deal were not disclosed. Andrew Brooker, Founding Partner of Latitude Brokers said: …
7
10, 2015
Idaho Workers’ Comp Rates to Increase Slightly For 2016
The Idaho Department of Insurance has received a proposal for an overall rate increase of 0.2 percent to workers’ compensation insurance for 2016 by the National Council on Compensation Insurance. NCCI collects information about the workers’ compensation system in Idaho …
11
10, 2015
Gas Pipeline Explosion Kills 3 Workers in Louisiana
A maintenance company has released the names of two of the three people killed in a pipeline explosion in Louisiana’s Terrebonne Parish on Oct. 8. Danos, an oil and gas service company, says two of their contract employees, 40-year-old Samuel …
8
10, 2015
Missouri Landfill Burning Near Nuclear Waste Dump
Beneath the surface of a St. Louis, Mo.-area landfill lurk two things that should never meet: a slow-burning fire and a cache of Cold War-era nuclear waste, separated by no more than 1,200 feet. Government officials have quietly adopted …
12
10, 2015
Laws May Enforce Some Environment Treaties, but Not for Climate Change
If and when a global deal to curb climate change is done in Paris this December, the matter of enforcement is likely to be left not to sanctions, but to peer pressure. While legally enforceable environmental treaties do exist, experts …
11
10, 2015
Federal Attorneys to Appeal Katrina Flooding/MRGO Ruling
Federal attorneys filed notice on Oct. 9 that they will appeal a judge’s ruling that the U.S. government is responsible for some of the flooding that followed Hurricane Katrina and other storms — flooding blamed on a now-closed navigation channel. …
7
10, 2015
Validus Reaseguros Appoints Beltran as Head of Treaty Reinsurance
Validus Re, the reinsurance division of Bermuda-based Validus Holdings Ltd., has appointed Jorge Beltran as executive vice president, head of Treaty, for Validus Reaseguros Inc. In this new role, Beltran will be responsible for the implementation and execution of Validus Re’s …
8
10, 2015
Texas Auto Parts Maker, Staffing Firm Cited for Safety Violations
Federal safety officials have cited a San Marcos, Texas, auto parts maker and its staffing employer for heat, noise and other workplace hazards. Corvac Composites LLC and Priority Personnel Inc. were fined a total of $43,000 by the U.S. Department …
12
10, 2015
Aubert Appointed CEO of UK-based Willis Limited
Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct Authority (FCA), takes effect immediately. Aubert takes over responsibility “for …
7
10, 2015
Iowa Insurer Wellmark to Participate Health Exchange in 2017
Iowa’s dominant health insurer has agreed to start selling policies for 2017 that will qualify for subsidies under the Affordable Care Act, the company announced. Wellmark Blue Cross & Blue Shield has not previously participated in the Affordable Care Act’s …