Monthly Archives: <span>July 2011</span>

Maine Jury Awards Nursing Student $300K

A jury has awarded a Maine student $300,000 in a lawsuit she filed against a nursing school that expelled her after she complained of sexual harassment by a male instructor. The InterCoast Career Institute, a California-based school that operated a …

Delaware Governor Vetoes Helmet Law Repeal

Delaware Gov. Jack Markell has vetoed a bill that would have repealed the state’s current requirement that people operating a motorcycle carry a safety helmet. Delaware law requires that motorcyclists have a safety helmet with them while riding, although it …

Aon Acquires Benchmarking Firm Ward Financial

Aon Corp. has acquired Westfield Financial Corp. and its subsidiary, the Ward Financial Group, from Ohio Farmers Insurance Co. Aon said that Ward will be integrated with Aon’s McLagan Partners, its own consulting and benchmarking firm for the financial services …

Hawaii Blowhole Death Raises Liability Questions

The fiancee of the Northern California man who was sucked into a blowhole to his apparent death said there should have been signs warning people of the dangers of the geyser-like creation along a rugged stretch of the Maui coastline. …

Motorsports Boss Mosely Offers to Underwrite Suits Against Murdoch

Former motor racing boss Max Mosley says he has agreed to financially underwrite lawsuits against News International, which owns the now defunct tabloid News of the World, by victims of its allegedly abusive reporting practices. Mosley, who won damages from …

What the Waffle House Can Teach About Managing Supply Chain Risk

What can Waffle House teach about disaster preparedness and risk management, especially in the wake of this spring’s devastating tornadoes? Plenty, says a supply chain expert at Olin Business School, Washington University in St. Louis. “The companies that are most …

Typhoon Ma-On Nears Japan

According to catastrophe modeling firm AIR Worldwide, Category 2 Typhoon Ma-On (local name Ineng) is currently about 885 kilometers (550 miles) southwest of Tokyo. The storm packs winds with gusts up to 157 km/h (98 mph). It has passed Minami …

Banner Ads Are Good for Branding (Even When They Don’t Get Clicks)

Every marketer is aware of branding as a concept and a key component in marketing. It was taught to us in college and was proven beyond a shadow of a doubt with numerous case studies and experiments. Yet in today’s …

Pirates Release Greek Tanker; All Crew Safe Says Manager

Pirates released a Greek-owned, Liberia-flagged tanker they had seized on Saturday 12.5 miles [20 kms] off the coast of Benin, and all the crew were safe, the vessel’s manager said on Monday. The 11,520 deadweight tonnage vessel Aegean Star, which …

Ratings Recap: Washington Casualty, Western, One Beacon (notes)

A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B+’ (Good) and issuer credit rating to “a-” from “bbb-” of Washington Casualty Company (WCC), both with stable outlooks. The rating upgrades for WCC are based on …