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

Idaho Man Wins $888K In Discrimination Lawsuit

A federal jury has awarded nearly $888,000 in damages to a man who said his Idaho employer discriminated against him because he is Hispanic. The Times-News reported Ricky Garcia began working for PSI Environmental Systems in Twin Falls in 2005. …

Settlement Reached In Trendy Waikiki Hotel Battle

There’s a settlement in a bitter battle over a Waikiki hotel that had resulted in a takeover and a federal lawsuit. The Honolulu Star-Advertiser reported the owner of The Modern Honolulu hotel will pay the trendy hotel’s former operator, Marriott …

Emerson College in Boston to Pay $250K for Alleged Asbestos Violations

Emerson College and Suffolk Construction Company Inc. in Massachusetts will each pay $250,000 in civil penalties to resolve alleged violations of the state’s air pollution prevention statute and asbestos regulation, state officials announced July 6. According to the complaint, filed …

Oklahoma Leaders Still Mulling Federal Health Care Law

More than a week after the U.S. Supreme Court upheld the sweeping federal health care law, Oklahoma’s political leaders have offered few specifics about how the state will proceed in complying with its provisions. Members of the Republican-controlled Legislature were …

Vermont Flood Insurance Customers Could See Rate Hikes of Up to 20%

Some of Vermont’s estimated 3,700 flood insurance customers could see their premiums increase by up to 20 percent.Since Hurricane Katrina in 2005, the National Flood Insurance Program has been operating at a loss and many of the changes approved by …

PCS Sees Busy Cat Bond Market in 2012 Thus Far

With two quarters completed in 2012, the catastrophe bond market remains robust. Insurers and reinsurers issued approximately $3.6 billion in catastrophe bonds during the first half of 2012, up from $2.2 billion in the first half of 2011, according to …

New License Rules Test Georgia Drivers’ Patience

A new requirement for those seeking to get or renew a Georgia driver’s license caused long lines and frustration in its first week of implementation. By 7:30 a.m. Friday, hundreds of people had lined up at the Department of Driver …

Facebook, Yahoo Settle Patent Claims

Facebook Inc. and Yahoo Inc. agreed to forge a broad Internet advertising and licensing partnership on Friday, laying to rest their dueling patent lawsuits. The pact settles accusations of technology patent infringement that began under the stewardship of ex-Yahoo CEO …

Florida Governor to Visit Lloyd’s of London

Florida Gov. Rick Scott is jetting off for foreign soil again — this time to the United Kingdom. Scott and his entourage left Saturday on a five-day trip that will include a visit to the world’s leading market for specialist …

WellPoint to Buy Amerigroup for $4.46 Billion

Health insurer WellPoint Inc. will buy rival Amerigroup Corp. for about $4.46 billion to create a company that will serve 4.5 million beneficiaries of Medicare and Medicaid health care programs. The $92-per-share cash offer, which represents a premium of 43 …