Monthly Archives: <span>February 2012</span>

March 5 Deadline to Register for Virginia Quake Aid

A deadline is approaching for victims of the Aug. 23 earthquake to register for federal disaster aid. March 5 is the last day for homeowners, business owners and renters in Virginia who have earthquake damage to register for aid. The …

Florida May Change Citizens’ Policyholder Assessments

Funding for the Florida’s state-run property insurer is likely to change as state lawmakers are looking to access the insurer’s total assessment base quicker and give it more time to collect funds in the event of a deficit. Citizens Property …

UK Singer Church Settles in Murdoch Hacking Case

Charlotte Church, who testified about being hounded by Rupert Murdoch’s journalists when she was a teen singing sensation, has received 600,000 pounds ($951,000) in a settlement from News International. Despite her legal victory, Church lambasted the media mogul’s empire, saying …

Navigators Launches Wholesale Unit

Navigators Management Company Inc. (NMC) has launched a new operating unit that will focus on working exclusively with wholesale brokers in the United States. “We have always enjoyed tremendous relationships with the wholesale brokerage community,” said President and CEO Stanley …

World Bank Says China Must Embrace Market Economy

China’s economy is near a turning point that demands that it relax its grip on industry and move towards free markets, the World Bank said on Monday as it forecast the country would become the world’s largest economy by 2030. …

Social Media Patent War Looms as Yahoo Threatens Facebook

Yahoo has demanded licensing fees from Facebook for use of its technology, the companies said on Monday, potentially engulfing social media in the patent battles and lawsuits raging across much of the tech sector. Yahoo has asserted claims on patents …

In Win for BofA, $8.5B Mortgage Settlement Sent Back to New York Court

Bank of America Corp. won a victory when a U.S. appeals court ruled that a proposed $8.5 billion settlement with investors in mortgage-backed securities should be reviewed in New York state court, not federal court. Bank of America, the nation’s …

Prime Names New President

Chicago, IL and Salt Lake City, UT, 02/23/12 – Prime Insurance Company, a premier excess and surplus lines carrier announced today that Mark Fisher has been promoted from Vice President and General Counsel to President and General Counsel of Prime’s …

Supreme Court Weighs Foreigners’ Claims Against Corporations

Corporations and human rights groups are squaring off in a Supreme Court fight over whether foreign victims of war crimes, killings and other atrocities can haul multinational companies into American courts and try to prove they were complicit in the …

Eastern Kentucky Fire Departments Struggle to Find Volunteers

Fire departments in eastern Kentucky are struggling to find enough volunteers. Pike County Emergency Management Director Doug Tackett told the Appalachian News-Express that volunteer departments are finding different ways to compensate for the lack of firefighters, but the problem is …