March 18, 2014
From drinking or texting while driving to using a designated driver, there is a disconnect between what teenagers acknowledge as risky behavior and what they actually admit to doing behind the wheel, according to a survey from Liberty Mutual Insurance …
March 18, 2014
State fire officials say more Alabamians died this winter because of improper use of heating appliances and other issues. Spokesman for the Alabama Fire Marshal’s Office Steve Holmes tols the Anniston Star that 49 people in the state died in …
March 18, 2014
Shareholders challenged more than 94 percent of U.S. merger and acquisition (M&A) deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research. Deals worth $100 million or more attracted an average of five lawsuits, …
March 18, 2014
Six days after General Motors Co. recalled almost 800,000 Chevrolet Cobalts and Pontiac G5s for a defect that could cause surprise engine shutdowns, lawyer Lance Cooper, a solo practitioner in Georgia, sent government regulators a letter: There are more faulty …
March 18, 2014
A snapshot of Obamacare enrollment in seven states suggests the law hasn’t significantly increased competition in health insurance markets, the Kaiser Family Foundation reported. In California, for example, four big insurers have largely carved up the state’s market. The divide …
March 18, 2014
General Motors Co. took advantage of a regulatory gray area to address an engine defect almost a decade ago, leaving most car owners unaware that their vehicles may have been unsafe. Rather than issue a recall, GM sent notices to …
March 18, 2014
U.S. Supreme Court justices on Wednesday appeared to look for a compromise that would give publicly traded companies better defenses against securities class actions without overruling a 26-year-old precedent that made it easier for plaintiffs to negotiate large settlements. During …
March 18, 2014
Swiss Re announced that its upcoming Annual General Meeting (AGM) on 11 April 2014, will include proposals from the Board of Directors to pay its ordinary dividend of CHF 3.85 [$4.40] per share and an additional special dividend of CHF …
March 18, 2014
UK broker Miller Insurance Services announced that it has bolstered its marine hull business production, broking and account handling capabilities with the appointments of Heather Clarkson and Rick Kerr. Both of the new recruits “have extensive experience of working with …
March 18, 2014
U.S. Special Forces seized a tanker that fled with a cargo of oil from a Libyan port controlled by anti-government rebels, halting their attempt to sell crude on the global market. Gunmen demanding regional autonomy and a share of oil …