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

Safety Oversght of Government Aircraft Lacking

Nonmilitary government agencies operate more aircraft than the world’s largest airline but are subject to little federal safety oversight — a situation accident investigators say has contributed to air crashes and deaths. Federal, state and local agencies own or lease …

Man Released from Aruba Jail Still Suspect in Traveler’s Death

U.S. businessman Gary Giordano is getting out of jail but he isn’t in the clear. Investigators still consider him a suspect in the presumed death of his travel companion — a case seemingly bedeviled by the same lack of evidence …

Facebook Settles Deceptive Practices, Privacy Breach Claims with FTC

Facebook has settled complaints that it disregarded its users’ privacy, agreeing to establish a raft of measures to better protect its 800 million members’ data. The settlement with the U.S. Federal Trade Commission on Tuesday will require Facebook to obtain …

Retiring Rep. Frank Says Wall Street Reforms Safe Without Him

U.S. Representative Barney Frank hit back at speculation Tuesday that his departure next year would undermine the sweeping Wall Street reform law he sponsored. Frank announced Monday he would not seek another term, prompting analysts to wonder how the landmark …

Study: Use of Physician Networks in California Workers’ Comp at Record High

A California Workers’ Compensation Institute study released on Tuesday shows the use of network physicians to provide medical care to injured workers in California has continued to grow over the past five years and now stands at a record high. …

CRC Names Brooks Broker in Southern California Office

CRC Insurance Services named Robert Brooks as a property and casualty broker in the company’s Santa Ana, Calif. office. Brooks was previously a broker at RPS/Lemac. Before that worked in various underwriting positions with Safeco, Chubb and Atlantic Mutual. At …

N.Y.-based USI Insurance Acquires Barros International

USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed the acquisition of Barros International. Barros is a Reston, Va.-based employee benefits brokerage firm specializing in diplomatic organizations and middle-market businesses. Terms of the transaction …

Community Volunteers Should Be Aware of Hidden Risks, Report Warns

‘Tis the season to give and many Americans are volunteering in their local charity organizations to help the needy this holiday season. But people who volunteer their time for charity should be aware that they are exposed to certain risks …

Insurance Groups React to Rep. Barney Frank’s Retirement Announcement

A number of insurance associations have issued statements recognizing the positive work the retiring U.S. Rep. Barney Frank (D-Mass.) has accomplished for the industry. Frank, 71, announced this week that he will not seek re-election in 2012, citing as a …

Tobey Maguire, Others Settle Over Poker Winnings

Tobey Maguire has decided to fold `em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games. The “Spider-Man” star agreed to pay $80,000 to settle the lawsuit filed over more than $311,000 …