Monthly Archives: <span>February 2015</span>

Atlas General Launches New Inland Marine Program

Atlas General Insurance Services, LLC, a national multi-line program manager, has added a new inland marine program to its Commercial Division product offerings. The program will provide builders’ risk coverage for frame projects up to $5 million and up to …

Chuck Yeager Cleared By Court to Sue Utah Gun Safe Company

A federal appeals court says record-setting test pilot Chuck Yeager can sue a Utah gun safe company that named a line of safes after him. The 10th U.S. Circuit Court of Appeals in Denver ruled Tuesday that the 91-year-old can …

Nearly $15M Awarded by Colorado Jury in Racial Discrimination Case

A federal jury has awarded nearly $15 million to 11 Denver, Colo.-area warehouse workers who accused a trucking company of segregating workers by race, calling black people “stupid Africans” and punishing those who complained. Attorney Lynn Feiger, who was among …

Global Climate Deal Blueprint Emerges From UN Gathering in Geneva

Envoys from some 190 nations are taking more seriously the idea of setting a goal for phasing out the pollution from fossil fuels, lending support to the movement against investments in oil and coal companies. After a week of discussions …

Obama Executive Order to Encourage Cybersecurity Information Sharing

President Barack Obama is set to announce a new cybersecurity executive order on Friday designed to encourage companies to share information about cyber threats, White House cybersecurity coordinator Michael Daniel told reporters. The executive action will kick off a process …

2014 One of Worst Years Ever for Vehicle Safety: NHTSA

Carmakers recalled about 64 million vehicles in the U.S. last year, more than double the previous record set in 2004, according to official government data. The tally released Thursday by the National Highway Traffic Safety Administration closes the book on …

Don’t Blame Demanding Patients for High Medical Costs: Study

New research has found that patients make almost no unreasonable requests for medical treatment, undermining the tendency by doctors to blame higher healthcare costs on the demands of those they care for. Only 1 percent of cancer patients ask for …

AIG Q4 Profit Drops on Debt Repayments, Reserve Charges

American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves. Net income fell to $655 million, or 46 cents a share in …

Ardian Agrees to Buy JLT’s Stake in Siaci St Honoré

Jardine Lloyd Thompson Group plc announced that Ardian has agreed to buy JLT’s 26.2 percent stake in Milestone, the holding company of Siaci St Honoré, JLT’s French associate. This offer extends to all shareholders, JLT said. The transaction will be …

ACE Appoints Fedarb as Head of Travel Insurance for Eurasia and Africa

ACE Group today announced the appointment of David Fedarb to the new role of head of travel insurance for Eurasia and Africa, as it expands its insurance capabilities in a region experiencing rapid growth of international travel. Eurasia and Africa …