Monthly Archives: <span>September 2013</span>

LWG Consulting Announces Expansion of Expert Alliance Network

LWG Consulting announced the expansion of their Expert Alliance Network. LWG’s Expert Alliance is comprised of several hundred specialized engineers and scientific experts strategically located around the world, and was created in 2009 in an effort to provide clients with …

Flood Insurance Premiums Rising Along New Jersey Coast

Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from legislation passed in June 2012 that requires all flood insurance …

Berkshire’s Specialty Insurer to Sell Business-Crisis Coverage

Warren Buffett’s Berkshire Hathaway Inc. will begin selling coverage through its specialty insurance unit to businesses to help manage costs of responding to reputation-damaging events. The new coverage provides as much as $100,000 to hire a crisis-management consulting firm to …

BP Fights to Shrink Gulf Spill Estimate to Cap Potential Verdict

BP Plc, seeking to reduce potential water pollution fines of as much as $18 billion, will try to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped …

Mazda Recalls 161,400 Mazda6 Cars Because of Door Problem

Mazda Motor Corp is recalling 161,400 Mazda6 sedans in the United States because loose screws could cause the side doors to come open while the car is being driven. The Japanese automaker is recalling the cars from model years 2009 …

Europe’s Hail Storms Hit Insurers With $4.7B Bill

Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France were repeatedly pounded by grapefruit-sized hail stones over the summer. Analysis from the reinsurance arm of broker …

Deadline Looms in West Virginia to Seek Storm Loans

Time is running out for residents, businesses and nonprofits to apply for federal disaster loans to recover from severe storms in June. The U.S. Small Business Administration is making the loans available for physical property damage in Calhoun, Clay, Jackson, …

Jetpack Industry Zooms Toward Expansion

Miguel Endara nervously stepped on the edge of a boat on Biscayne Bay with a 30-pound machine strapped to his back. The machine had two pipes sticking out and a 33-foot hose that connected to a Jet Ski. The instructor …

OSHA Levies $175K in Fines in Fatal Crane Accident

A federal safety agency has levied $175,000 in fines against a crane company, Entergy and other firms over a fatal crane accident at Arkansas Nuclear One in Russellville. The Occupational Safety and Hazard Administration levied the fines on Friday over …

New Regional Group Formed to Combat Retail Theft

The head of the Retail Merchants Association of New Hampshire says a new organized retail crime alliance in the region is a big help in allowing members to communicate and share information about crimes. Nancy Kyle in Concord says a …