May 29, 2014
Georgia authorities say 17 people were killed in traffic wrecks across the state over the holiday weekend. The Department of Public Safety reported six traffic deaths during the same period last year. The Atlanta Journal-Constitution reported the fatalities started Saturday …
May 29, 2014
Louisiana state lawmakers are getting out of a dispute between New Orleans Saints owner Tom Benson and the NFL team’s players about how to handle workers’ compensation claims for professional athletes. Rep. Chris Broadwater, R-Hammond, said he’s shelving the workers’ …
May 29, 2014
By snapping a picture with his mobile phone, Hersh Tapadia demonstrated how an app developed by the Durham-based anti-counterfeiting technology company CertiRx Corp. could find fraudulent changes on a prescription drug label. Within minutes, Tapadia, who is CertiRx’s co-founder and …
May 29, 2014
The tornado that touched down in rural eastern New York last week nearly caused a big bang. The owner of a fireworks business said the EF3-rated twister narrowly missed steel storage containers with thousands of pounds of explosives when it …
May 29, 2014
The Oklahoma Insurance Department (OID) has been able to return $22.5 million in unspent funds to the state legislature to help fill holes in the state budget, the department announced. Insurance Commissioner John Doak said the department’s fiscal responsibility has …
May 29, 2014
American International Group Inc., the largest commercial insurer in the U.S. and Canada, is shifting workers to locations including the Philippines and Texas to reduce costs. “We’re talking several thousand jobs migrating to these centers,” Peter Hancock, chief executive officer …
May 29, 2014
Bayerische Motoren Werke AG (BMW) and Daimler AG are among automakers that are improving and speeding up their use of automatic brakes as part of efforts to reduce front-end crashes, a U.S. safety group said. The BMW 5-Series and Daimler’s …
May 29, 2014
Allied World Assurance Company Holdings, AG announced the opening of a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia “to further expand distribution networks in the Asia Pacific region.” Allied World appointed William Cotter, Executive VP …
May 29, 2014
Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim agreement between Tehran and the West that called for limited sanctions relief. Iran in the past depended …
May 29, 2014
Willis Group Holdings plc announced that it has received the relevant regulatory approvals from the Monetary Authority of Singapore and has completed its acquisition of specialist broker Charles Monat Limited, a life insurance solutions provider to high net worth clients.Willis …