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Ugly Is Beautiful for Hurricane Forecaster

When it comes to Atlantic hurricanes, brief and ugly is beautiful, at least to Phil Klotzbach, lead author of Colorado State University’s seasonal storm forecast. That’s because a ragged-looking tropical system that only lasts a few days is an indication …

Insurers on U.S. Financial Oversight Council Agenda for Next Week

The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday. The Financial Stability Oversight Council (FSOC) appears close to deciding whether it believes …

Iceland Puts Airlines on High Alert after Volcanic Eruption

Iceland put airlines on the highest level of alert after authorities detected an eruption north of the Bardarbunga volcano. The Icelandic Met Office raised the alert over the site to red and flights have been banned below 5,000 feet, air …

Beattie to Head Miller’s Expanded Asia Construction Offering

UK-based broker Miller Insurance Services LLP announced that it has “implemented plans to grow its Asia construction book with the appointment of producer Paul Beattie as Head of Construction, Asia.” Beattie has over 20 years’ experience in production and broking. …

Undersea Search for Missing Malaysian Airliner Refined

The massive undersea search area for a missing Malaysian airliner in the southern Indian Ocean could be extended farther south based on new satellite analysis, only weeks before the multimillion dollar, yearlong sonar hunt for wreckage is due to begin, …

How Insurance Can (or Can’t) Help You – a True Story

When it comes to personal lines insurance there are really only two attachment points – acquiring the policy and making a claim. The first is fairly simple, although less so if you happen to be a young driver. It’s the …

Uber, Lyft, Legislature Give Nod to California Rideshare Bill

When Assemblywoman Susan Bonilla, D-Oakley, amended her measure to regulate transportation network companies, Uber, Lyft and others removed their opposition and are now supporting the bill. Assembly Bill 2293 was agreed to on Wedensday by TNCs, which had opposed the …

Merriwether and Williams in California Taps Creedon

Merriwether and Williams Insurance Services in California has named Kathleen Creedon director of risk management services. Creedon will focus on the development of Merriwether’s risk management services, including consulting, construction wrap-up services, safety and loss control and contractual risk management. …

Young Male, Female Drivers Differ in Types of Crashes: Study

Young female drivers have more crashes at intersections and collisions with pedestrians than do young male drivers, who have more off-road and nighttime accidents than young female drivers. Gender is often related to what type of severe or fatal crash …

California Underground Economy Sweep Results in Fines, Citations

The California Department of Insurance on Wednesday led a statewide multi-agency sweep in which representatives visited more than 50 businesses to educate owners about their obligations to comply with insurance, licensing, workplace safety and labor laws, tax codes and regulations. …

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