Monthly Archives: <span>May 2009</span>

Finding New AIG CEO Won’t Be Easy, Say Consultants

Who would apply for a job that requires regular coach flights to Washington to be abused by Congress on international television, to run a company that in many ways symbolizes the financial crisis? And oh by the way, the person …

Actor Freeman Sued Over Mississippi Car Crash

Attorneys for Morgan Freeman have until July 6 to respond to a lawsuit filed by the woman who was with the actor the night of a car crash last August. Demaris Meyer has sued Freeman for negligence. The lawsuit against …

Florida State Senator Urges Insurance Chief McCarty to Resign

A state senator wants Florida’s insurance commissioner to resign, calling him “duplicitous and untrustworty” last week in a letter to Gov. Charlie Crist. Sen. Mike Bennett, R-Bradenton, wrote Insurance Commissioner Kevin McCarty a lengthy letter demanding that he resign because …

Canada’s Auto Insurers Call for Effecftive Cost Control for Consumers

The Insurance Bureau of Canada, which represents 95 percent of the Country’s P/C carriers, has reacted strongly to charges that they oppose reforms in the auto sector. The IBC stated: “An alliance of medical/ rehabilitation providers has issued another press …

World Economy Stabilizing, Says Krugman

The world economy has avoided “utter catastrophe” and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday. “I will not be surprised to see world trade stabilize, world industrial production stabilize and start to …

France, Germany Urge More Flexible Climate Pact

France and Germany suggested on Monday that rich nations should collectively guarantee deep cuts in greenhouse gases by 2020 while giving flexibility to laggards such as the United States to catch up later. France said the idea, floated at talks …

Massachusetts Senate Budget Bans Texting while Driving

The Massachusetts Senate approved an amendment banning all Internet use while driving as part of its version of the state’s upcoming budget. Drivers would be banned from sending text messages, e-mailing or reading the Internet while behind the wheel under …

Fire Destroy Maryland Supermarket

Fire officials say a blaze has destroyed the Jefferson Market in Jefferson, Maryland. The fire was reported early Thursday. When the Jefferson Volunteer Company arrived on the scene, flames were through the roof, which eventually partially collapsed. As many as …

New York Barn Burns Decades after Blaze Hit Same Spot

A fire has decimated an upstate New York barn more than 30 years after a blaze destroyed another barn on the same spot and killed two children. Edward Tyler remembers the first time his family’s barn in northern Rome burned …

Poll: Older Drivers More Savvy About Traffic Laws

Are Washington drivers so polite that it causes traffic issues? That’s the question tackled by a recent poll by Pemco Insurance, examining whether drivers have a solid understanding of the laws governing four-way stops. “We’ve all been at four-way stops …