Business Services Industry
CSU team reduces hurricane forecast.(Colorado State University has scaled back predictions for this year's hurricane activity.)(American International Group Inc. asked to share attorney memos with former AIG Chairman Maurice R. Greenberg.)(Gary Dubois resigned as chief underwriting officer of Liberty International Underwriters.)
Business Insurance, October, 2006
The hurricane forecasters at Colorado State University have scaled back their predictions for this year's hurricane activity yet again. In its latest update, the team forecast only two more named tropical storms, one of which would grow to hurricane strength, for the rest of the year. That would bring the total of named storms for 2006 to 11, six of which would be hurricanes.
At the beginning of the hurricane season, the team had predicted 17 named storms, nine of which it said would grow into hurricanes. Greenberg wins right to see AIG memos American International Group Inc. was ordered last week to share with former AIG Chairman Maurice R. Greenberg certain attorney memos the insurer provided to New York Attorney General Eliot Spitzer related to his...
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