Yearly Archives: <span>2013</span>

Boraca Joins Arthur J. Gallagher McDonald’s Restaurant Division in Tampa

Chad Boraca has joined Arthur J. Gallagher & Co. as director of risk management in the McDonald’s Restaurants specialty area. He will help identify and eliminate risks that may result in property loss, injury or legal liability for the company’s …

Bear Bryant’s Son’s Reinsurance Fortune Helps Power Alabama Football

The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and …

Mississippi Court Will Hear Electrocution Workers’ Compensation Appeal

The Mississippi Supreme Court will hear an appeal from a former Ripley alderman who lost both hands after being electrocuted. WTVA-TV in Tupelo reported that Lonnie Smith was working for the Tippah Electric Power Association when he came in contact …

China, India Succeed in Weakening Warsaw Global Warming Pact

China and India’s success in weakening the latest global warming agreement created friction with other developing nations that are seeking to step up the fight against climate change. The two countries insisted on single-word changes for a deal at a …

Applied Systems Acquired by Hellman & Friedman from Bain Capital for $1.8B

Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC. The company is being acquired from the global private investment firm Bain Capital …

Canadian Pacific Coal Train Derails; No Injuries

A northbound Canadian Pacific Railway Ltd train derailed near Windermere, British Columbia, on Monday morning, sending 16 cars loaded with coal off the tracks, a spokesman for the rail company said. All the cars were upright, no coal was spilled …

Florida Woman Sues Network over ‘The Game’ Facebook Page

A South Florida woman is suing the Black Entertainment Television network in a dispute over a Facebook page she developed to promote the show “The Game.” Attorneys for Stacey Mattocks, who lives in Broward County, said in court papers that …

Photographer Wins $1.2M from Media Firms That Used Pics on Twitter

A federal jury on Friday ordered two media companies to pay $1.2 million to a freelance photojournalist for their unauthorized use of photographs he posted to Twitter. The jury found that Agence France-Presse and Getty Images willfully violated the Copyright …

Supreme Court Could Take Up Religious Rights of Corporations

U.S. Supreme Court justices could decide on Tuesday to review religious objections made by corporations to a provision of the 2010 federal healthcare law requiring employers to provide health insurance that covers birth control. The key question before the court …

Hartford’s McGee: Lessons from Clash with Activist Investor Paulson

Liam McGee, who led a rebound at Hartford Financial Services Group Inc. after shunning John Paulson’s call to split the insurer, said executives shouldn’t be defensive when handling activist investors. “You can’t circle the wagons,” McGee, Hartford’s chief executive officer, …