Monthly Archives: <span>June 2010</span>

McGinnes Named Senior VP at JDW Insurance in El Paso

Eric R. McGinnes has been named senior vice president at El Paso, Texas-based insurance brokerage and risk management firm, JDW Insurance. Currently McGinnes holds the position of vice president of JDW Commercial Lines Division. McGinnes joined JDW Insurance in 2003. …

BancorpSouth Insurance Exec Re-Elected to Louisiana Guaranty Board

BancorpSouth Insurance Services president Markham McKnight has been re-elected as treasurer of the Louisiana Insurance Guaranty Association (LIGA) board. McKnight brings 28 years of experience to his position. In addition to his role as president of BancorpSouth Insurance Services, McKnight …

Senate Committee Votes to End Oil Spill Liability Cap Retroactively

A U.S. Senate committee Wednesday voted to eliminate limits on liability that oil companies would face for damages stemming from offshore spills like the one in the Gulf of Mexico. The change, if approved and made law, would apply retroactively …

Insurance to Cover Payments to Victims of D.C. Subway Accident

Officials from Washington, D.C.’s Metro service say families of the nine people who died in last year’s crash are eligible for a $50,000 insurance benefit. Metro said that Chartis, its excess liability insurance carrier, indicated that coverage is applicable in …

More Oil Spills to Come, Says Professor

The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in …

Tennessee Adopts New Residential Building Code

New building codes for newly-built one-and two-family residences in Tennessee have taken effect. The provisions are the result of the Tennessee Clean Energy Future Act. The State Fire Marshal Office said its code enforcement program will begin in October. In …

Massey Fights Safety Regulator Over West Virginia Mine Probe

Troubled coal producer Massey Energy Co. has taken legal action against the industry’s chief safety regulator for the second time in a week. Massey said it is appealing a federal Mine Safety and Health Administration order covering what the company …

West Virginia Motorcycle Fatalities Decline

Motorcycle-related fatalities are declining in West Virginia. Only seven motorcycle-related fatalities have occurred in the state so far this year. Governor’s Highway Safety Program manager Barbara Lobert says 25 motorcycle-related fatalities occurred in 2009, down from 52 in 2008. Lobert …

Special Reuters Report: Oil Spill a Gusher for Lawyers; Litigation May Take Years

BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a legal perspective, BP’s …

Hurricane Alex Could Reach Land Today in Mexico, Texas

Hurricane Alex strengthened in the Gulf of Mexico early Wednesday and was expected to make landfall later in the day but skirt Mexican oil rigs and U.S. oil fields, alleviating concerns in crude markets. The first named storm of the …