Yearly Archives: <span>2012</span>

IMF Cuts Global Growth Forecast as Emerging Economies Slow

The International Monetary Fund has cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in the euro zone do not act with enough force and speed to quell their region’s debt crisis. …

Chancellor Merkel Warns of Increased Global Warming if no Climate Deal

German Chancellor Angela Merkel warned on Monday that global warming will accelerate at a dramatic rate unless leaders reach a deal on limiting greenhouse gas emissions as soon as possible. After marathon talks in Durban last December, countries agreed to …

Efforts to Tackle Somali Piracy Paying Off Says IMB

Tougher action by international navies and the use of private armed guards on ships have more than halved the number of Somali pirate attacks, the International Maritime Bureau (IMB) said on Monday. Last year, Somali piracy in the busy shipping …

Global Special Risks Launches Liability Package for Energy Consultants

Global Special Risks (GSR), part of RSG Underwriting Managers, LLC, has launched a new liability package policy for energy consultants working primarily in the complex offshore/onshore and “fracking” environments. This unique package policy is the latest program in GSR’s more …

Kentucky Governor to Create Health Exchange

Kentucky Gov. Steve Beshear has alerted the federal government of his intention to create a statewide health insurance exchange to help Kentuckians find affordable coverage. Beshear sent a letter last week to Health and Human Services Secretary Kathleen Sebellius informing …

Plan for Mississippi Health Exchange Ready for After Election: Chaney

Mississippi Insurance Commissioner Mike Chaney said work has been completed on a plan for an online marketplace for Mississippians to shop for insurance policies and nothing more needs to be done for now. Chaney spokesman Joseph Ammerman said Friday the …

Let the 2012 Olympic Games Insurance Challenges Begin!

As images and sound are beamed from the UK to devices all over the world, insurers and reinsurers will play a key role in the transmission of the 2012 Olympic Games that run from July 27 to Aug. 12 in …

Oklahoma Governor, Insurance Commissioner Visit Lloyd’s of London

Oklahoma Gov. Mary Fallin, Insurance Commissioner John D. Doak and insurance industry executives, have met with insurance market representatives at Lloyd’s of London to discuss the state’s $15 billion insurance market, the Oklahoma Insurance Department announced. “This visit was much …

Bexar County Leads Texas in Road Rage Crashes

Bexar County in Central Texas has had the most reports of road rage crashes in the state over the last few years, according to a newspaper analysis. From 2007 to 2011, police officers and sheriff’s deputies in Bexar County cited …

Motorists Commercial Mutual Names Kimmes VP of Marketing

Motorists Commercial Mutual Insurance Co., based in Edina, Minn., has selected Shawn Kimmes as vice president of Marketing. Kimmes previously served as a district sales manager responsible for territory in Minnesota at Wilson Mutual Insurance Co., an affiliate of MCM …