March 27, 2014
The latest effort to get rid of Tennessee’s motorcycle helmet requirement has failed in a Senate committee. The Senate Finance Committee voted 6-5 against the measure sponsored by Republican Sen. Mike Bell of Riceville. Bell’s bill would have allowed motorcyclists …
March 27, 2014
Early this month, JPMorgan Chase & Co. stopped managing an investment account for a prominent client: the charitable foundation of Sigma Alpha Epsilon, one of the nation’s largest fraternities. The bank was concerned about SAE’s bad publicity, according to Anthony …
March 27, 2014
Sammy Wasem was 15 when he started a Ferrari fan page that would become one of the most popular car sites on Facebook. Six years later, he is in a legal battle with his favorite Italian sports-car maker in a …
March 27, 2014
Very few details have been released by the re/insurance industry related to the missing Malaysia Airlines Flight MH370, which has caused some minor confusion as to the re/insurers providing coverage for claims. The confusion is primarily the result of the …
March 27, 2014
Chinese regulators have told the country’s two largest insurers to stop selling coverage against smog, a week after such policies were launched, the China Daily reported on Thursday. The newspaper did not say why the country’s insurance watchdog had ordered …
March 27, 2014
A little-known technology that may be able to take the equivalent of China’s greenhouse gas emissions out of the carbon cycle could be the radical policy shift needed to slow climate change this century, a draft U.N. report shows. Using …
March 27, 2014
Old Mutual Plc, Africa’s biggest insurer, is selling its Skandia units in Germany and Austria for €220 million ($303 million) in cash. The two businesses, part of the London-based insurer’s wealth division, are being acquired by a Cinven Ltd. and …
March 27, 2014
Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But, with sharp increases in premiums …
March 27, 2014
This blog post is part of a series sponsored by CoreLogic. Natural disasters can happen anywhere and at any time, but they often show allegiance to a particular location and geography. Hurricanes hit most frequently along the Atlantic and Gulf …
March 26, 2014
More than 20,000 Virginia homeowners and businesses could see their rates for flood insurance rise up to 25 percent as part of an attempt to put the troubled National Flood Insurance Program back on sound financial footing, potentially socking many …