Monthly Archives: <span>February 2006</span>

RenaissanceRe Sees Q4 Operating Loss of $207M

Bermuda-based RenaissanceRe Holdings Ltd. reported a net operating loss attributable to common shareholders of $206.9 million in the fourth quarter of 2005, principally reflecting a $313.9 million net negative impact from hurricane Wilma. These results compared to net operating income …

FEMA Requires Residents Adhere to Elevation Requirements from ABFEs

In order to ensure that communities affected by major disasters are rebuilt stronger, safer and less vulnerable to damages from future flooding disasters, FEMA will require communities to adhere to the elevation requirements established by Advisory Base Flood Elevations (ABFEs) …

Research and Markets Offering UK Motorcycle Insurance 2005

Research and Markets(http://www.researchandmarkets.com/reports/c32430) reported the addition of UK Motorcycle Insurance 2005 to their offering. The motorcycle market experienced tougher market conditions in 2004 and 2005, as increased competition put pressure on rates and led to a reduction in GWP. This …

President’s FY 2007 Budget Request Hits Nearly $484M for OSHA

Acting Assistant Secretary of Labor for Occupational Safety and Health Jonathan Snare reported that President Bush has requested a $483.7 million budget for the Occupational Safety and Health Administration (OSHA) in fiscal year 2007. The request represents a boost of …

Floridians Approved for More than $300M in Wilma Recovery Assistance

Three months after Hurricane Wilma made landfall, $303,211,790 has been approved for Florida residents who suffered damages or losses from the disaster, according to officials from the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) and the Florida State …

National Safety Council: Off-The-Job Injuries Outpace Gains in Worker Safety

Contrary to popular belief, today’s workers are safer on the job than they are at home or in their communities. According to the National Safety Council, recent gains in lowering workplace death rates — down 17 percent since 1992 — …

Texas DWC Seeks Public Comment on Proposed Rules

The Texas Department of Insurance (TDI) Division of Workers’ Compensation is accepting public comment on proposed rules. All proposed rules may be viewed on the TDI Web site at www.tdi.state.tx.us/wc/indexwc.html under “Rules” and public comment on proposed rules can be …

Jury Sides with Rancher, Insurer in Montana Tractor Case

A jury has ruled that an international farm machinery company must pay a Broadwater County, Mont., rancher and his insurance company nearly $120,000 over a tractor that caught fire and burned nearly seven dozen acres of a hay field. The …

Svendson to Lead Deloitte Financial Advisory Services’ Mid-America Region

Deloitte Financial Advisory Services LLP announced that Midwest regional managing partner, Don M. Svendson, has been named Mid-America regional managing partner. Svendson, based in Dallas, succeeds Edward Lynch, partner, who recently transitioned to Deloitte FAS’ risk management group. In his …

Federal Disaster Aid Authorized for Nev. Storm Recovery

Federal disaster funds have been made available for Nevada to help communities recover from the effects of severe storms that began late last year, the head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced. Acting …