Yearly Archives: <span>2011</span>

Flood-ravaged Queensland Braces for Tropical Cyclone Yasi

Just as TC Anthony dissipated over Queensland the flood ravaged State received a warning that another tropical cyclone is heading its way. According to catastrophe modeling firm AIR Worldwide, Cyclone Yasi was “about 1630 kilometers [1018 miles] east northeast of …

So. Korea Shipping Firm Re-routes Container Ships due to Egypt Unrest

South Korea’s Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted dry-dock operations at several ports, its chief executive said on Tuesday. Seaborne traffic through Egypt’s Suez Canal continued to run …

Queensland Hit by TC Anthony, Perth by TC Bianca – RMS Report

Tropical Cyclone Anthony made landfall over the coast of the Australian State of Queensland on Sunday, close to the town of Bowen, and approximately 275 miles (440 kms) southeast of Cairns. An analysis of the storm from Risk Management Solutions …

GCube Expands Solar Capacity to Half a Billion Dollars

London-based GCube Underwriting Limited, which specializes in insurance services for renewable energy technologies, announced that it has grown its solar property coverage from $300 Million to $500 Million USD for any single solar project or phase. “The news comes at …

AXA Acquires 80% Interest in B&B Insurance in Belarus

AXA Central & Eastern Europe announced the acquisition of 80 percent of B&B Insurance, the second largest insurer in Belarus, and its largest private insurer. AXA said the acquisition is another step in its “expansion in Central & Eastern Europe …

Wisconsin Workers’ Comp Medical Costs Per Claim Increasing

The increased cost and more frequent use of medical care provided to injured workers in Wisconsin drove up the average medical payments per workers’ compensation claim in recent years, according to a new study by the Cambridge, Mass.-based Workers Compensation …

Dean & Draper Recognized for Employee Workplace Satisfaction

Houston-based Dean & Draper Insurance Agency LP, one of the largest independent insurance agencies in Texas, announced it recently received the honor of being named one of the Best Companies to Work for in Texas 2011. The list honors the …

Safety Checklist Eliminated Infections, Reduced Hospital Deaths

A Johns Hopkins-led safety checklist program that virtually eliminated bloodstream infections in hospital intensive-care units throughout Michigan appears to have also reduced deaths by 10 percent, a new study suggests. Although prior research showed a major reduction in central-line related …

Federal Judge in Florida Rules Healthcare Law Must Be Voided

A federal judge in Florida struck down President Barack Obama’s landmark healthcare overhaul as unconstitutional Monday in the biggest legal challenge yet to federal authority to enact the law. U.S. District Judge Roger Vinson ruled that the reform law’s so-called …

Utah Bill Targets Construction Companies That Skirt Workers’ Comp

Utah Senate Bill 35 is going after construction companies, requiring them to pay workers’ compensation and contribute to unemployment insurance and withholding taxes as long as their employees own less than 20 percent of the company. Employees who own 20 …