May 14, 2009
Only those customers who weren’t reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a federal judge has ruled. The decision by …
May 14, 2009
Boston-based medical liability insurer ProMutual Group has appointed Gregg L. Hanson as chief operating officer. Hanson previously served as the company’s senior vice president of Underwriting and also supervised the Marketing, Risk Management and Physician Education Departments. In his new …
May 14, 2009
When a hurricane approaches South Florida, Robin Sing-Cunningham makes sure she has plenty of ice, candles and a generator. Then there’s the gas-powered blender, storm-themed music (think ‘It’s Raining Men’ by the Weather Girls, ‘Riders on the Storm’ by the …
May 14, 2009
Tropical storms are unpredictable, but as the National Hurricane Center’s director contemplates ways to improve forecasting errors and communicating with the public, he is confident he has an ally at the Federal Emergency management Agency (FEMA). Bill Read celebrated the …
May 14, 2009
Colorado State University hurricane forecaster Bill Gray said Wednesday he may reduce his next Atlantic season forecast because sea temperatures are cooling and a weak El Nino may appear by late summer. “Things are looking better and better for fewer …
May 14, 2009
The H1N1 flu virus is making fewer people in Mexico sick and will likely cause no more than 100 deaths in the country, Health Minister Jose Angel Cordova said Wednesday. He told Reuters that Mexican hospitals were seeing a drop …
May 14, 2009
AIG is expected to soon begin the process of launching the initial public offering of its largest Asian subsidiary, according to sources familiar with the matter, in what could be one of the largest Asian IPOs to hit the market …
May 14, 2009
More European insurers unveiled writedowns on their investments in a second wave of first-quarter results on Thursday, although some said sales were proving relatively resilient. Analysts said investors were left with something of a mixed picture, with signs of improving …
May 14, 2009
The U.S. Chamber of Commerce has issued a bulletin which raises its “concerns that the European Commission’s levy of a record setting antitrust fine against Intel is part of a larger, troubling pattern.” The Chamber was reacting to yesterday’s announcement …
May 14, 2009
The National Insurance Brokers Association (NIBA) has issued a “Discussion Paper,” outlining the reasons for its opposition to the high taxes imposed on insurance transactions in Australia. The NIBA is the country’s independent industry association, which represents 500 insurance brokerage …