Monthly Archives: <span>April 2014</span>

All Target Data Breach Cases to Be Heard in Minnesota

The U.S. Judicial Panel on Multidistrict Litigation ordered that the many lawsuits that accuse Target Corp. of failing to protect customers from a data breach will be consolidated in the retailer’s home state Minnesota. The order brings together 33 lawsuits …

Mississippi Biodiesel Plant Fire in January Ruled Accident

The state fire marshal’s has ruled as an accident the January fire and explosion at JNS Biofuels plant near New Albany. The Northeast Mississippi Daily Journal reported the fire marshal found the likely cause of the incident was a problem …

Tougher Ignition Lock Bill Passes South Carolina House

The South Carolina House on Wednesday approved a bill requiring more people convicted of drunken driving to install a locking device that prevents their vehicle from starting if it detects alcohol. The House voted 112-0 on the measure named for …

A.M. Best Revises Hartford Financial, P/C Units’ Outlook to Positive

Rating agency A.M. Best changed the outlook associated with the “A” financial strength rating of the members of the Hartford Insurance Pool to positive from stable Thursday, citing a reduced risk from variable annuity business to explain the change. Best …

How Robots, Drones Are Transforming Mining and Mine Safety

Mines without miners? Not quite. Still, a technology boom in robots, drones, driverless trucks and pilotless trains is beginning to reshape one of the world’s most labor-intensive industries, portending automation of logistics, supply chains and mapping and allowing development of …

GM Submits Ignition Recall Documents to Safety Agency

General Motors Co. said it has submitted most of the answers that U.S. safety regulators sought from the automaker about a defective ignition switch linked to at least 13 deaths. In response to the National Highway Traffic Safety Administration, GM …

Arthur J. Gallagher Buys New Zealand’s Mike Henry Brokers

Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand. MHIB has annualized revenues of approximately $4.5 million and 30 staff operating from its offices in Auckland and Christchurch, according to the …

Marsh & McLennan Agency Acquires South Carolina’s Capstone

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the transaction were not disclosed. Founded in 1995, …

Canada Supreme Court Agrees to Hear Chevron in $9.1B Ecuador Case

The Supreme Court of Canada agreed on Thursday to hear an appeal by Chevron Corp. of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51 billion lawsuit for pollution in the Amazon jungle. The Ontario Court …

Canadian Pacific Backs Insurance Mandate for Firms Shipping Oil by Rail

Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada’s second-largest rail operator said on Thursday. Currently, there are no requirements in …