April 28, 2010
Federal officials want to review a New Hampshire collision that killed four people, three in a Toyota Highlander. The Boston Globe reports the National Highway Traffic Safety Administration received two consumer complaints about the Columbus Day accident near Peterborough that …
April 28, 2010
The cost per claim of prescription drugs used to treat injured workers in Michigan is the lowest among 16 states studied. According to the Workers Compensation Research Institute (WCRI), the average payment per claim for prescription drugs in Michigan’s workers’ …
April 28, 2010
Air samples did not show high levels of explosive gases just before an explosion in a West Virginia coal mine that killed 29 workers, and what caused the disaster remains unknown, the mine’s owner said. Massey Energy Co. board director …
April 28, 2010
Drivers can keep sending text messages while traveling Alabama’s highways because a fight between an insurance company and lawyers in the state Senate killed a bill to ban the dangerous practice. Democratic Sen. Roger Bedford and some other lawyers in …
April 28, 2010
Mississippi’s top insurance official said the devastation caused by last Saturday’s storm would be “significant” after viewing the destruction on the ground and by helicopter. “It’s pretty bad,” Insurance Commissioner Mike Chaney said after touring damage in Yazoo County. He …
April 28, 2010
Prudential is facing the makings of a shareholder revolt over its $35.5 billion deal to buy AIA, raising the prospect the deal could fail and adding to pressure for a breakup of the British insurer instead. Prudential’s bid for AIA …
April 28, 2010
Senate Republicans have proposed an alternative to Democrats’ financial regulation legislation, according to a document obtained by Reuters on Tuesday. Below are their key proposals. ORDERLY LIQUIDATION No resolution fund. Three-part procedure for triggering new a process to dismantle large …
April 28, 2010
A bill to overhaul the troubled U.S. National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee. The bill, if approved in the full House and …
April 28, 2010
Last week’s volcanic ash cloud cost European Union airlines €1.5 to €2.5 billion ($1.98 to $3.3 billion), the European Union executive said as it proposed a series of actions to help the cash-strapped industry. Governments will be able to waive …
April 28, 2010
Aon Benfield announced that it is utilizing its “groundbreaking FAConnect placement platform to respond to client demand for expanded Chile earthquake capacity.” The system opens the way for Aon’s clients to access up to $ 50 million in coverage for …