May 22, 2008
A study of workplace accidents in Kansas shows that Wednesday is the most dangerous day to be at work. A 2006 survey by the Kansas Department of Labor found that 2,050 of workplace injuries that required time off happened on …
May 22, 2008
Harleysville Insurance has introduced its first product under its new StarAdvantage banner. The new Businessowners Program (BOP) is for smaller, property-driven risks in hundreds of business classes. Market segments targeted for this new offering include habitational, mercantile, office, service/processing and …
May 22, 2008
The Hartford Financial Services Group, Inc. has appointed Sean M. Fitzpatrick to the position of senior vice president of its Middle Market insurance segment. In his new role, Fitzpatrick will be responsible for managing all of The Hartford’s Middle Market …
May 22, 2008
While more than $216 billion is spent on prescription drugs every year, the upside to this high tab is that prescription drugs have contributed to decreases in more expensive hospital care and physician services. As prescription drug costs, representing 10.3 …
May 22, 2008
Karen Clark, who developed the first hurricane catastrophe model, has been recognized by a climate change group that won the 2007 Nobel Peace Prize. Clark, president and chief executive officer of Karen Clark & Co. in Boston, has been honored …
May 22, 2008
For many visitors, the first glimpse of New Jersey is a string of industrial plants and refineries in a sea of yellow light along the Turnpike. With the state’s most hazardous chemical facilities so close to its most traveled routes …
May 22, 2008
The UK’s Financial Services Authority (FSA) has fined UNAT DIRECT Insurance Management Limited £640,000 ($1.26 million) for failings relating to a lack of effective control and oversight over its appointment of call centers. “UNAT – an indirect, wholly-owned subsidiary of …
May 22, 2008
Battered giant American International Group, finally got some good news for a change, albeit one that’s unlikely to offset the £640 million ($1.26 million) fine the UK’s, Financial Services Authority has leveled against one of its subsidiaries (See related article). …
May 22, 2008
While many people collect celebrity autographs simply for fun, it’s also a “potentially money-making hobby,”; notes an article on the Lloyd’s web site (www.lloyds.com). “Signatures from famous personalities are held at great value, and an item’s value can rise considerably …
May 22, 2008
The Chubb Corp. said it has established a $1 million fund for disaster relief efforts related to the Myanmar cyclone and China earthquake. Chubb said it would contribute $500,000 directly to the American Red Cross for relief efforts connected to …