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25
09, 2015
Delaware Gov. Markell, Education Officials Tout Statewide School Safety Efforts
Delaware officials are celebrating the completion of a statewide effort to improve safety in public schools. Delaware Gov. Jack Markell joined education and law enforcement officials Tuesday to recognize the completion of comprehensive safety plans across Delaware’s school system. Officials …
28
09, 2015
Typhoon Dujuan Nears Taiwan with Rain, Wind; Airlines Cancel Flights
Typhoon Dujuan lashed Taiwan with rain and wind as it neared the island on Monday, forcing schools to shut and disrupting land and air traffic. Cathay Pacific Airways Ltd. canceled or delayed about 30 flights Monday and Tuesday, the airline …
24
09, 2015
EU Supervisors Face ‘Binding Mediation’ on Simple ABS Disagreements
National authorities in the European Union will have to submit to binding arbitration if they can’t decide whether to apply the bloc’s new rules on simple securitizations to a transaction, a European Commission document shows. In the undated draft regulation on …
25
09, 2015
USI Insurance Services Acquires Benefit Controls of the Carolinas
USI Insurance Services has acquired the employee benefits business of Benefit Controls of the Carolinas, Inc. This is the first acquisition in North Carolina for USI. An employee benefits consulting firm, Benefit Controls of the Carolinas, Inc. designs and manages …
24
09, 2015
Washington Labor Department Seeks 2% Workers’ Comp Rate Hike
The Washington State Department of Labor & Industries is proposing an average 2 percent rate workers’ compensation increase for 2016. Each fall L&I sets workers’ comp rates for the following year. L&I looks at expected workers’ comp payouts, the size …
29
09, 2015
PartnerRe Files Definitive Proxy to Seal Acquisition by EXOR
Bermuda-based PartnerRe Ltd. announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015 to vote on the previously announced merger agreement between PartnerRe and EXOR, and all related transactions. The company filed a “Definitive …
24
09, 2015
Tropical Rains a Mixed Bag for Southwest Drought Relief
The tropical Pacific is sending a big dollop of rain into the U.S. Southwest. While it won’t help much in drought-ridden California, it’s another step in the right direction for Arizona and New Mexico. The annual monsoon can ease the …
28
09, 2015
IFG Companies Hires Smith as Underwriting Manager in Connecticut
IFG Companies has hired Geoffrey J. Smith as underwriting manager of its nationwide Commercial Underwriting Renewal Center in Hartford, Connecticut. While managing the efficiency and effectiveness of the Commercial Underwriting Renewal Center, Smith will also have a senior leadership role …
25
09, 2015
North Carolina Fines Companies Involved in Fatal Scaffolding Accident
The North Carolina Labor Department has fined three companies in connection with the deaths of three workers killed when scaffolding fell at a high-rise construction project in downtown Raleigh, including one that was cited for violations described as willful and …
28
09, 2015
Best Affirms ‘A+’ Ratings of Hannover Re and Subs; Outlook Stable
A.M. Best has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of Germany’s Hannover Rueck SE (Hannover Re) and its main subsidiaries. Best also affirmed the issuer ratings of the existing …