The number and strength of earthquakes in central Arkansas have noticeably dropped since the shutdown of two injection wells in the area, although a state researcher says it’s too early to draw any conclusions. “We have definitely noticed a reduction …
The suburban home of Cincinnati Bengals football player Antwan Odom has been heavily damaged by fire. Fire officials in the city of Mason north of Cincinnati say the defensive end and his family were out of town at the time. …
Indiana regulators fined Notre Dame $77,500 on Mar. 15 for six safety violations in the October death of a 20-year-old student who was killed when the hydraulic lift he was on toppled over in high winds while he was filming …
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Calumet Lubricants Co. LP in Cotton Valley, La., a subsidiary of Indianapolis, Ind.-based Calumet Specialty Products Partners LP, with 45 alleged serious and 13 other-than-serious violations for exposing …
Claims administration and risk management services provider, York Risk Services Group, has added Lee Herlache vice president of Sales for its Midwest territory. Herlache will focus primarily on sales activities supporting York’s Risk Management Practices division (York RMP), which provides …
Lawmakers were told Monday that unsafe, abandoned or obsolete dams are “time bombs” that pose a threat to public safety and wildlife habitats in Massachusetts and need to be repaired or dismantled as quickly as possible. A public hearing was …
Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp declines on fears the disaster’s size could grow. ACE, a leading insurer and reinsurer, warned the Japanese earthquake would cause …
Lloyd’s of London has issued the following statement on the Japanese earthquake: “Our thoughts are still with those affected by the major earthquake and tsunami events in Japan. “Lloyd’s is committed to providing cover to the Japanese market and our …
The Bermuda-based Arch Capital Group announced that the Company’s 2011 first quarter results will be negatively impacted by the New Zealand earthquake, which occurred in February 2011, in the range of $35 million to $70 million, net of reinsurance and …
Fitch Ratings has issued a bulletin, indicating that it “believes that while the 11 March earthquake in Japan will be among the largest insured losses in history, such losses can be absorbed by the insurance and reinsurance industries without widespread …