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Daily NewsFlash : January 10, 2013

Daily NewsFlash
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Thursday, January 10, 2013

AIG Won't Be Joining Greenberg Lawsuit Against Government

AIG won't sue governmentLate Wednesday afternoon American International Group Inc.'s directors announced its decision not to participate in a lawsuit that accuses the U.S. government of taking advantage of the company in its rescue from the financial crisis.

The suit was filed in 2011 in the U.S. Court of Federal Clai...

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Reinsurance Executives: Sandy Causing Selective Rate Firming

Reinsurance ratesWhile insurers are still sorting out claims from Hurricane Sandy, the storm has already impacted pricing and the timing of the busy January reinsurance renewal season, executives said.

U.S. property renewals for January were "quite late driven by...

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Newtown Police Commission Asks Connecticut to Amend Workers Compensation Laws

Newtown Workers CompensationThe Newtown Board of Police Commissioner began its first meeting since the Dec. 14 Sandy Hook Elementary School shootings with 26 seconds of silence -- then promptly passed a resolution calling on state leaders to amend...

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OSHA: Sandy Contamination Below Permissible Limits

Sandy contaminant levelsThe levels of harmful contaminants at Superstorm Sandy cleanup sites in New York and New Jersey have so far not exceeded federal workplace exposure limits, officials said Wednesday.

The Occupational Safety and Health Administration tested dozens of cleanup sites, measuring worker exposure to

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Commercial Insurers and their Clients Reassess Risk in the Wake of 2011's Thailand Floods

Thailand floodingThe magnitude of losses related to the 2011 floods in Thailand prompted insurance companies to work more closely with their corporate clients on comprehensive studies...

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MPG Announces Expansion and Restructure of Recreational Marine Division

MPG expansionMartime Program Group (MPG) announced on Wednesday a significant expansion and restructure of our Recreational Marine division with the additional of two very talented new crew members, Dana Downes and Shari Trefil.
As t...

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