Monthly Archives: <span>March 2013</span>

North Carolina Governor Says He Had No Role in $100M Offer for MetLife Move

Gov. Pat McCrory said this week he had no role in a deal partly brokered by his former employer that promised MetLife Inc. about $100 million in potential tax breaks and other incentives to move thousands of jobs to North …

Mississippi House Revives Guns in School Proposal

Members of the Mississippi House want to steer the school safety debate back toward letting school districts arm teachers and employees. The House voted 70-46 Tuesday to amend Senate Bill 2659 to allow school districts to decide to allow guns …

Florida Lawmakers Confront Cost of Improving School Safety

The mass school shooting in Connecticut led officials to question if more should be done to beef up security in Florida’s public classrooms. Three months later, lawmakers are still grappling with how to respond, especially since one solution — placing …

Applying for Obama Health Care Plan Daunting Task

Applying for benefits under President Barack Obama’s health care overhaul could be as daunting as doing taxes. The government’s draft application runs 15 pages for a three-person family. An outline of the online version has 21 steps, some with additional …

Nintendo Found Guilty of 3D Patent Infringement

A federal jury in New York on Wednesday found that video game company Nintendo Co. infringed an inventor’s 3-D display technology patent with its handheld 3DS videogame system. The jury awarded the inventor, Seijiro Tomita, $30.2 million in compensatory damages. …

U.S. Welcomes China Talks on Cyber Security

The White House on Wednesday welcomed China’s willingness to hold talks with Washington about cyber security threats, amid growing U.S. concerns about hacking attacks emanating from China. U.S. National Security Advisor Tom Donilon called on China on Monday to acknowledge …

CEOs Urge Federal Government to Go ‘Light’ on Cyber Security

Corporate leaders from the defense, technology, energy and banking industries told President Barack Obama on Wednesday they agreed cyber attacks were a top security threat but that they were looking for a “light touch” from the government in response to …

National Weather Service Chief Focused on Improving Forecasting

Computing power gives Europeans a commanding advantage when it comes to weather forecasting and storm tracking, but the new head of the National Weather Service hopes to see the United States regain its leadership in that crucial field. “Our global …

Best Affirms Chubb Corp. and Subs ‘A++’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the property/casualty subsidiaries of The Chubb Corporation, also known as the Chubb Group of Insurance Companies. Best has also …

Tower Closes Merger with Canopius; Changes in Share Listing

Tower Group, Inc. announced the closing of its merger with Canopius Holdings Bermuda Limited as of the close of trading on The NASDAQ Global Select Market (NASDAQ) today March 14, 2013. The announcement said: “Upon closing of the merger, Tower …