European airlines received permission from regulators to have passengers use personal electronic devices including mobile phones during flight, removing one of the last remaining bastions of talk-free zones. The European Aviation Safety Agency gave the green light for in-flight deployment …
A Massachusetts company that employed two utility workers who died when the crane they were in tipped over as they worked on high-tension power lines on Cape Cod is facing $168,000 in fines. The federal Occupational Safety and Health Administration …
It’s 8:15 p.m. and the four-member crew of Fort Lauderdale Fire Department Engine 8 has just made its way back to the firehouse after two back-to-back calls — one where an SUV plowed into a store and another where a …
Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems …
Florida’s state-backed property insurer will stop collecting a one-percent assessment that had been used to retire a bond issued following the 2004-2005 hurricane season. The Citizens Property Insurance Corp. board of directors decided the insurer will have the necessary funds …
CSAA Insurance Exchange, which sells private auto insurance to AAA members in about 25 states, experienced double-digit year-over-year growth in personal auto business, far outpacing other top writers in the second quarter, a new analysis by SNL Financial shows. SNL …
Jack Ma and Warren Buffett embody two great and contrasting businesses in finance. One sells lottery tickets and the other sells insurance. Ma pulled off the largest-ever IPO last week when he floated Alibaba in what might be called the …
The families of two victims killed in a General Motors Co. vehicle with a faulty ignition switch will accept offers from a program set up to provide compensation for crash injuries and deaths, a lawyer for the family said on …
The Association of British Insurers (ABI) has cited the Competition & Markets Authority’s (CMA) failure to tackle the excessive charges made by credit hire firms for replacement vehicles as “bad news for consumers.” The ABI said that instead of “driving …
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 510 (United Kingdom), which is managed by RJ Kiln & Co. Limited (RJ Kiln). The outlook for both ratings …
