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

North Carolina House Nixes Drugmakers’ Product Liability Protection

Efforts by business leaders to give companies more protections from North Carolina product liability lawsuits appear derailed in the House. A House panel this week endorsed a Senate measure that previously would have made it harder for people to sue …

Florida Raises Car Seat Requirement Age

Parents in Florida will have to use a car seat for children up to 5 years old under a new law approved by Gov. Rick Scott. Scott signed a bill (HB 225) that increases Florida’s car seat requirement from 4 …

Why So Many Forecasts Are Useless: Ritholtz

If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet offered with the highest degree of certainty. The …

Small Businesses Lobby for Export-Import Bank

If the battle over the U.S. Export-Import Bank is Washington’s latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm. Nelson’s small oilfield equipment company is part of new House Majority Leader Kevin …

Prince Charles Calls for Action on Climate Change at IIS Conference

HRH Charles, the Prince of Wales, addressed the International Insurance Society on Wednesday June 25th. Speaking to a full house, the heir to the British throne called the gathering “a vitally important meeting on climate change, disaster risk reduction, resilience …

More Drivers ‘Under the Influence’ Testing Positive for Multiple Drugs

Since 1993, the profile of a drugged driver has changed substantially. More drivers are now testing positive for prescription drugs, cannabis, and multiple drugs, and they are more likely to be older than 50, according to a study released in …

The Political Battle Over Export-Import Bank

A day before U.S. House Republicans were to vote on a new majority leader, lawmakers aligned with the limited-government Tea Party movement delivered a message to the leading candidate, Kevin McCarthy of California. They made clear to McCarthy at a …

Florida Agencies Acentria and Gateway Announce Intent to Merge

Two Florida independent insurance agencies — Acentria, Inc. and Gateway Insurance Agency, L.C. — announced they are merging. Gateway, which has serving Dade, Broward and West Palm Beach communities since 1952, is merging with Acentria, which has 10 Florida locations …

Another Climate Report Outlines Business Risks, Insurance Pitfalls

“Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact businesses and gross domestic product. …

As America Overall Ages with Boomers, Energy States See Youth Boom

Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37.5 …