March 30, 2012
A federal judge refused Wednesday to dismiss a lawsuit by former Massey Energy shareholders who say they were deliberately misled about the company’s safety record before the Upper Big Branch mine disaster in West Virginia killed 29 men in 2010. …
March 30, 2012
Three times in a month, regulators have caught West Virginia coal companies illegally warning miners that federal inspectors were onsite. Mine Safety and Health Administration director Joe Main says such warnings let workers disguise conditions that could endanger their lives. …
March 30, 2012
Legislation inspired by the fatal crash of a Spartanburg park train ride last year would allow local governments in South Carolina to choose whether to pay out higher claims than the current state limit of $600,000. The bill endorsed by …
March 30, 2012
The U.S. Food and Drug Administration responded to mounting concerns about the safety of metal-on-metal hip implants, saying it would subject the devices to a two-day expert review that could lead to rigorous new standards. The FDA announced on Thursday …
March 30, 2012
Nike Inc. has won a court order blocking rival Reebok International Ltd. from selling New York Jets apparel bearing the name of the popular quarterback Tim Tebow, in a battle over licensing rights. The order issued late on Wednesday by …
March 30, 2012
Bank of America Corp. on Thursday won dismissal of a lawsuit by investors who wanted the bank to buy back mortgage loans that underlie more than $1.06 billion of securities. The case is tied to risky home loans issued by …
March 30, 2012
Despite delays and complaints the European Union’s Solvency II regulations, which cover the insurance industry, are slowly but surely moving forward. While most of the industry is primarily concerned with the regulations governing capital requirements – Solvency II’s “Pillar I,” …
March 30, 2012
MAPFRE ASISTENCIA, a subsidiary company of Spain’s MAPFRE Group, and MIDDLESEA INSURANCE MIDDLESEA ASSIST, have formed a joint venture to operate in Malta, following an agreement between MAPFRE ASISTENCIA and MIDDLESEA INSURANCE, MAPFRE INTERNACIONAL’s direct insurance company operating in the …
March 30, 2012
France’s Total is laying plans, including a helicopter water drop, fire-fighting vessels and spraying nitrogen, to extinguish a flare on its Elgin North Sea gas platform that is leaking explosive clouds of gas, the UK energy department said. The flare, …
March 29, 2012
Firefighters are making progress on a wildfire in Colorado that has now consumed an estimated 4,140 acres, destroyed 27 structures and caused the deaths of at least two people, according to the Colorado State Forest Service. The fire, which may …