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

Sandy Aid in N.J. Becomes Another Christie Albatross

Nineteen months after Hurricane Sandy left four feet of water in Thomas Largey’s house in Sea Bright, New Jersey, the 82-year-old still lives with his daughter as he awaits aid to raise and rebuild his home. Reopened resorts and new …

London Taxis Try to Cut-Off Silicon Valley’s Uber Car Service

They have been the kings of the British capital’s roads for over a century but now the often opinionated drivers of London’s iconic black taxi cabs are battling a high-technology rival that threatens their dominance. In their sights is Uber …

California Adviser Ordered to Pay $3.7M Defamation Claim by Ex-Employees

A California wealth adviser must pay two ex-employees almost $3.7 million for allegedly defaming them, a securities arbitration panel found. The Financial Industry Regulatory Authority arbitration panel ruled in favor of Corey Casilio and William Leitch, who claimed that John …

Tennessee Targets Workers’ Comp Fraud in Construction Industry

The Tennessee Department of Labor has been expanding efforts to uncover employer fraud within the construction industry. The efforts, aided by recent legislation, will help identify employers who are paying workers under the table, intentionally misclassifying workers as independent contractors, …

Former Charleston Bank Officers, Directors Sued Over Losses

The U.S. government is suing some of the former leaders of the now-closed Atlantic Bank & Trust in Charleston. The Post and Courier of Charleston reported that the Federal Deposit Insurance Corp. wants to recover more than $9 million the …

South Carolina Lawmakers Approve Statewide Texting Ban

South Carolina lawmakers have overwhelmingly passed a statewide ban on texting while driving. Under the ban approved by the state House in a 94-2 vote and by the Senate 42-2 on Wednesday, drivers who violate the law would not receive …

Number of Defective School Buses in Missouri Rising

The percentage of school buses failing state inspections is on the rise in Missouri. The Missouri State Highway Patrol says slightly fewer than 85 percent of the roughly 12,000 school buses it inspected this year were initially approved. That’s the …

Study: Houston Police Failed to Investigate Over 20,000 Cases Last Year

More than 20,000 burglary, assault and other cases were not investigated last year by Houston, Texas, police because of a lack of personnel, according to a report released June 2. The findings recommend that at least 45 additional investigators be …

Aon Benfield May Cat Report Highlights ‘Severe Weather’ in the U.S.

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during May 2014. The report reveals that …

AIG Appoints McNamee as UK Managing Director

AIG in Europe announced the appointment of Jacqueline McNamee as Managing Director, UK Zone, reporting to Anthony Baldwin, Managing Director and Head of Distribution, EMEA. She is replacing Nicolas Aubert, who has become COO of EMEA, reporting to Seraina Maag, …