Yearly Archives: <span>2013</span>

Florida Tornado Damage Estimated at $5 Million

Seven homes were destroyed and more than 150 damaged by the tornado that struck a central Florida neighborhood Saturday, city officials said. The National Weather Service said the tornado had winds as high as 110 miles per hour and was …

Ex-BP Engineer Destroyed Gulf Spill Evidence, Jury Told

A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans. Prosecutors …

North Carolina Man Sues Hookup Website for Marriage Breakup

A Charlotte man is suing his ex-wife’s lover as well as a website which he says led to the breakup of his marriage. The Charlotte Observer reported that Robert Schindler is suing the woman’s alleged partner in the affair, along …

Democrats Question Government Contracts to Firms with Safety, Labor Violations

The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage regulations, according to a report that calls for stricter measures to hold federal contractors accountable. The study from Democratic leaders …

Torus Receives Lloyd’s Approval to Expand Syndicate 1301

Global specialty insurer Torus announced from its office in London that its Syndicate 1301 business plan for 2014 has been approved by Lloyd’s. “The plan increases the syndicate’s capacity to £180 million [$293.5 million] and extends its product offering to …

Quinn to Step Down as Swiss Re Group CFO to Become CFO at Zurich

Swiss Re’s Board of Directors announced that Group Chief Financial Officer George Quinn will step down from his role, effective April 30, 2014. A search for his replacement is already underway. Concurrently, the Zurich Insurance Group announced that Quinn “has …

China Eases Rules to Boost Yuan-Denominated Foreign Investment

China’s commerce ministry has simplified rules to make it easier for foreign firms to use Chinese renminbi they raise offshore to invest in the mainland, the latest effort to broaden the currency’s footprint. The simplification to rules published in 2010 …

New York Catholic Groups Win Challenge to Obamacare Birth Control Mandate

A group of Catholic health and educational organizations doesn’t have to comply with federal Affordable Care Act requirements to ensure employees receive insurance coverage for contraceptives, a New York federal judge ruled. U.S. District Judge Brian Cogan in Brooklyn, New …

Indiana Asks for More Damage Reports from November Storm

The Indiana Department of Homeland Security and local county emergency management agencies are renewing a call for people who sustained damage to homes or businesses to report it online as the state prepares to appeal the federal government’s decision against …

Washington Lawyer Faces Four Felonies in Alleged Insurance Scam

Washington Insurance Commissioner Mike Kreidler is looking for residents who might be victims of a Seattle attorney who has been charged with four felonies related to a $500,000 insurance settlement. Seattle private law attorney Edward Joseph Callow and former Nationwide …