Texting while driving increases the risk of a crash much more than previous studies have concluded with motorists taking their eyes off the road longer than they do when talking or listening on their cell phones, a safety research institute …
Fire officials urged Virginia regulators this week to require sprinklers in all new homes, while builders argued it would drive up the cost and put home ownership out of reach for many. More than 200 people — split about evenly …
Bermuda-based Torus Insurance (Holdings) Ltd. announced the appointment of Naveen Anand as Global Chief Operating Officer. He will be based in New Jersey and will report directly to Clive Tobin, Chief Executive of Torus. Anand will be the Chief Executive …
The United States and China, the world’s largest emitters of greenhouse gases, signed an agreement Tuesday that promises more cooperation on climate change, energy and the environment without setting firm goals. Chinese and U.S. officials signed the memorandum of understanding …
Bermuda-based XL Capital Ltd. announced that its book value rose in the second quarter, lifting its stock as much as 3 percent, as unrealized losses on some assets narrowed. Net profit fell 66 percent on foreign exchange losses and lower …
An Air France flight from Rome to Paris earlier this month briefly lost its speed readings due to faulty sensors, pilots said on Tuesday, in the latest safety scare involving speed sensors. Several problems with speed sensors, or pitot tubes, …
Continental Risk of Lodi, Calif., is offering a market for commercial properties for 10 or more dwellings with no maximum number. Rental, seasonal, or vacant dwellings are acceptable. Coverages include: 1) building; 2) liability; 3) BPP; 4) BI/rental value including …
Seven financial and automotive companies that have received “exceptional” government aid face an Aug. 13 deadline to submit compensation plans to the U.S. Treasury Department’s executive pay czar, people familiar with the process said on Monday. Kenneth Feinberg, who has …
A large U.S. consumer group urged Congress Tuesday to clamp down on insurers’ risky practices after last year’s near collapse of AIG due to its foray into exotic derivative instruments. The Consumer Federation of America said Congress should consider prohibiting …
The Ohio Department of Insurance has issued cease and desist orders to two companies that were found to have been selling insurance in the state without licenses to do so. Ohio Department of Insurance Director Mary Jo Hudson has also …
