A chimpanzee that mauled a Connecticut woman had the anti-anxiety drug Xanax in its system, according to toxicology tests, but investigators haven’t determined whether the drug played a role in the attack, a prosecutor said Wednesday. Authorities are still weighing …
Police say a longtime employee at a New Jersey welding supplies shop was killed when a 60-pound oxygen tank he was filling exploded. The force of the blast last Wednesday morning at the J.W. Goodliffe and Son building in Linden …
The Catholic Diocese of Wilmington, Delaware, may have to sell assets to pay for settlements in child sexual abuse cases. Bishop Francis Malooly says settlements will probably exceed $9 million next month. But Diocesan spokesman Robert Krebs says officials won’t …
A dispute over termites now before the Michigan Supreme Court could affect the liability of sellers of real estate. When Richard and Stacey Roberts bought an old house for $475,000 on Michigan’s scenic Leelanau Peninsula, they thought the home’s other …
Government approval for billions of dollars in taxpayer bailout funds for life insurers is dividing the industry into haves and have-nots, with Ameriprise Financial Incand possibly others rejecting the government’s helping hand. The sector’s finances have improved during months of …
Marsh announced the appointment of Nabil Khawaja to lead its Global Energy Practice’s London-based offshore construction team. He will report to Construction Leader, Paul Nicholson. Khawaja joins Marsh from Benfield Corporate Risk. He has more than 20 years’ insurance industry …
Lloyd’s of London has issued a summary of a report – “Resilient Coasts: a Blueprint for Action” – originally prepared by the Heinz Center and Ceres, which analyzes the threat to U.S. coastlines from a combination of increasingly violent weather …
In a recently published special report from BestWeek, A.M. Best analyzes the relative economic strength Europe’s 10 largest insurance groupsand the top five European reinsurers. “Ever since American International Group’s troubles sent ripples of panic through the financial markets in …
American International Group said it would accelerate plans to separate its Asian subsidiary through an initial public offering as the bailed-out U.S. insurer seeks to raise cash and list the unit as soon as possible. The offering could raise at …
Dutch financial group ING made clear this week it was not in any particular rush to complete its planned €8 billion [$10.8 billion] of asset sales — but to hear analysts and bankers tell it, Chief Executive Jan Hommen may …
