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

Generali Q4 Profit Drops 75% on Higher Impairments

Assicurazioni Generali SpA, Italy’s biggest insurer, said fourth-quarter profit slid 75 percent after impairments of its Russian stake and related to the sale of BSI. The insurer increased its dividend by 33 percent. Net income declined to 81 million euros …

‘Big Taxi’ Wages War Against Uber to Be More Like Uber

David Sutton is looking for the worst possible news about Uber Technologies. An accident in San Francisco, an assault in Boston: Such bad tidings for Uber are ammunition for Sutton, a 48-year-old publicist. “Uber is a creep magnet,” Sutton says …

Kansas Hotel Owner Going to Prison for Hiring Illegal Workers

A suburban Kansas City hotel owner has been sentenced to 27 months in prison in a case that highlights the U.S. Justice Department’s shift to targeting employers who knowingly hire immigrants not authorized to work in the United States. Munir …

West Virginia Lawmakers Send Rollback of Chemical Spill Law to House Floor

A West Virginia House panel narrowly approved a bill to scale back protections to prevent chemical spills from sullying water supplies. The January 2014 chemical spill that contaminated drinking water for 300,000 residents for days spurred the tank law. At …

Group Requests Investigation Into Whether Florida Banned Climate-Change Terms

Did Florida Gov. Rick Scott’s administration ban state environmental scientists from using the terms “climate change” and “global warming” in their work? Scott says no, but some former employees say supervisors forbade them from using the terms – a striking …

Officials: Tractor-Trailer Hit by Train in North Carolina was Too Big for Highway

The 127-ton tractor-trailer that derailed an Amtrak train at a railroad crossing in North Carolina was about three times the size and weight of a standard 18-wheeler, so huge it required a Highway Patrol escort, and so tall that it …

Largent Tapped to Take the Reins at Ohio’s Westfield Group

Westfield, Ohio-based banking and insurance organization, Westfield Group, has selected Edward J. Largent III to succeed James R. Clay as company leader, president and CEO. The transition will occur July 1, 2015. Clay will remain as chairman of the board …

Insurance Fraud Leads to Prison Sentence for North Dakota Farmers

Two North Dakota brothers have been sentenced to prison time and ordered to pay back more than $900,000 for intentionally destroying potatoes to collect federal farm insurance payments. In separate hearings, U.S. District Judge Ralph Erickson sentenced Aaron Johnson to …

Missouri Senate Backs Caps on Medical Malpractice Jury Awards

The Missouri Senate has moved forward a measure that would reinstate limits on noneconomic awards in medical malpractice lawsuits against doctors or hospitals. The Senate gave initial approval Tuesday to limits on noneconomic damages, including pain and suffering, in medical …

Ohio Measure Would Allow Workers’ Comp for Police PTSD

Ohio’s emergency responders diagnosed with post-traumatic stress disorder could be eligible for workers’ compensation benefits even if they don’t have physical injuries under proposed legislation a state Senate panel is considering. It would apply to police and other peace officers, …