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1-3 Tropical Cyclones Expected For Central Pacific

It’s looking like it’ll be a below-normal hurricane season for the central Pacific. The National Oceanic and Atmospheric Administration issued its 2013 central Pacific hurricane outlook Wednesday at a news conference in Honolulu. Hurricane season starts June 1 and runs …

Guest Workers in Mississippi Sue Company, Claim Exploitation

Dozens of Indian guest workers are suing a U.S.-based marine and fabrication company, saying it financially exploited them and forced them to live in squalid conditions after bringing them to work at Gulf Coast shipyards after Hurricane Katrina in 2005. …

Judge Recuses Herself from West Virginia University Degree Lawsuit

U.S. District Judge Irene Keeley has disqualified herself from hearing a lawsuit filed over a 6-year-old degree scandal at West Virginia University, citing a federal statute that requires judges to step aside if their impartiality could be questioned. The order …

California Offers Glimpse Into Health Insurance Prices Under Obamacare

California unveiled prices on Thursday that consumers will pay for a selection of health plans offered through the state under the Affordable Care Act, providing a glimpse into how health care reform may look as it is rolled out across …

Bridge Collapse in Washington Cripples Highway Near Seattle

A section of a major interstate highway bridge in Washington state collapsed yesterday, sending two vehicles into the rushing waters of the Skagit River north of Seattle. Three people were rescued and no one is believed to have died, authorities …

76 Tornadoes in May Caused $2B-$5B in Insured Losses: Eqecat

Tornadoes that struck the United States from May 18 to May 20 caused anywhere from $2 billion to $5 billion in insured losses, disaster modeling company Eqecat said. The firm said most of the losses were attributed to the tornado …

EU Lawmakers Back French Demands to Limit U.S. Trade Talks

European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington. The European Parliament, which can veto EU trade …

Marsh to Acquire Peru Insurance Advisor Rehder y Asociados

Global broker Marsh Inc. announced that it has reached a definitive agreement to acquire the Rehder y Asociados Group, an insurance advisor in Peru. Marsh said the “business includes the insurance broker Rehder y Asociados and employee health and benefits …

ACE Receives Approval for Myanmar Representative Office

The ACE Group said it has received provisional approval from Myanmar’s Directorate of Investment and Company Administration to establish a representative office in the country. ACE said it is now completing the registration process with the relevant Myanmar authorities with …

ABI Approves UK Government Plan to Highlight Insurers’ Global Role

A bulletin from the Association of British Insurers (ABI) notes that the UK’s Financial Secretary to the Treasury Greg Clark announced on Tuesday May, 21 that the Government has outlined a “strategy for the insurance sector to enhance its position …

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