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California Workers’ Comp Institute Recaps Year in Legislation
The California Workers’ Compensation Institute this week released a report on a list of bills that will affect the workers’ comp system. The bills were recently signed into law at the end of the Legislative session by Gov. Jerry Brown. …

POSTED OCTOBER 19, 2017 5:59 PM
In ‘Energy City’ USA, Hurricane Harvey’s Fury Lingers
It took five weeks for the largest U.S. oil refinery to get back to normal after Hurricane Harvey. It’s taking Port Arthur, Texas, a lot longer. Nearly two months after Harvey inundated Port Arthur, a crucial hub of the global …

POSTED OCTOBER 19, 2017 4:35 PM
Rockport Mayor Says Much of Town Won’t Be Rebuilt Following Harvey
The mayor of the Gulf Coast community of Rockport says Hurricane Harvey destroyed about a third of the town and that 30 to 35 percent of it will probably never be rebuilt. Mayor Charles “C.J.” Wax said during a panel …

POSTED OCTOBER 19, 2017 4:22 PM
Renewed Push for Underground Water Storage Projects Sparked by Harvey
For state Rep. Lyle Larson, Hurricane Harvey was not only a tragedy but also a wasted opportunity. The San Antonio Republican, who chairs the House Natural Resources Committee, estimates that the amount of rain the storm dropped on the state …

POSTED OCTOBER 19, 2017 4:14 PM
Fire at Large California Oil Refinery Doused
A fire that erupted at the West Coast’s largest oil refinery threatened storage tanks and sent huge flames into the sky and black smoke across neighborhoods before crews quickly smothered it. Dozens of firefighters responded late Tuesday to the 1,000-acre …

POSTED OCTOBER 19, 2017 3:03 PM
New Rules for Oil-Gas Lines Proposed Following Colorado Blast
Colorado energy regulators are proposing tighter rules for shutting down oil and gas pipelines after a fatal explosion blamed on natural gas leaking from a line that was thought to be out of service but was still connected to a …

POSTED OCTOBER 19, 2017 3:00 PM
California’s Chief Utility Regulator Says We May Never Know If PG&E Caused Fires
California’s chief utility regulator said the state may never determine whether PG&E Corp.’s electrical equipment played a role in igniting the deadly blazes near San Francisco earlier this month. The wildfires, which have killed at least 42 people and destroyed …

POSTED OCTOBER 19, 2017 2:44 PM
Woodruff-Sawyer in California Names Berry Leader of Private Equity and Venture Capital Group
Woodruff-Sawyer & Co. has named Dan Berry leader of the firm’s private equity and venture capital group. Berry is a senior vice president and partner in Woodruff-Sawyer. He joined the firm in 2011 and has specialized in the risk management …

POSTED OCTOBER 19, 2017 2:38 PM
Travelers Insurance Reports Solid Q3 Results Despite $700M Cat Losses
The Travelers Companies today reported $293 million in net income for the third quarter despite absorbing more than $700 million in catastrophe claims. The $293 million in net income was a 59 percent decline from the $716 million in last …

POSTED OCTOBER 19, 2017 1:47 PM
Ironshore’s Singapore Branch Hikes Capacity to $50M for Political Risk Lines
Ironshore Insurance Ltd., Singapore Branch, announced an increase in capacity for political risk business lines within its Political Risk & Trade Credit unit. Available capacity now stands at US$50 million, an increase from $15 million, effective immediately. In addition, Ironshore …

POSTED OCTOBER 19, 2017 1:25 PM

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