June 4, 2012
It’s that time of the year again. The 2012 Atlantic hurricane season officially got underway on June 1. So far, forecasters are saying this will be a less-active-than-usual North Atlantic hurricane season. And insurers and reinsurers are keeping their fingers …
June 4, 2012
Don’t Frack Vermont “I hope other states will follow us.” —Vermont Gov. Peter Shumlin on banning hydraulic fracturing in the state. On May 16, Vermont became the first state in the U.S. to ban fracking. The move is largely symbolic, …
June 4, 2012
The New York Compensation Insurance Rating Board (NYCIRB) submitted to the Department of Financial Services on May 17 a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost …
June 4, 2012
W.R. Berkley Greenwich, Conn.-headquartered W. R. Berkley Corp. announced that it formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore will underwrite a full spectrum of marine hull and …
June 4, 2012
Kentucky drivers could see their car registrations cancelled and they could be charged with insurance fraud if they are found to be operating a vehicle without the proper insurance. Under current law, Kentucky drivers must show proof of insurance when …
June 4, 2012
When it comes to career development in any industry, education and experience alone might not be enough. The key to improving your position within any field lies in your ability to communicate your knowledge base and publicly establish your authority. …
June 4, 2012
Richard Knabb, the tropical weather expert at The Weather Channel, will be the next chief of the National Hurricane Center. Knabb started working at the hurricane center in 2001. He was a senior hurricane specialist at the center from 2005 …
June 4, 2012
A skier who had a bone-crushing fall on the halfpipe at Boyne Mountain has lost a lawsuit that challenged whether the Michigan ski resort had adequately marked the pipe. A judge in Charlevoix County had declined to dismiss the case …
June 4, 2012
Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under a new law. Gov. Bill Haslam …
June 4, 2012
Last year saw little to no progress in reducing the number of fatal motorcycle crashes around the country, even though roadway fatalities are declining overall. The Governors Highway Safety Association reported that motorcycle fatalities remained at about 4,500 in 2011 …