Monthly Archives: <span>January 2016</span>

New York Vehicular Homicide Case Tests Limits of Criminal Blame

A New York man is about to go on trial in vehicular homicide case that tests the limits of criminal consequences. He wasn’t behind the wheel when a police officer was struck and killed — he was leaning against the …

Haylor, Freyer & Coon Adds 3 Managers in New York

Haylor, Freyer & Coon Inc., an independent agency based in Syracuse, New York, announced the addition of three new managers for its newly launched Private Client Division.

Blizzard Heads Toward U.S. East; Airlines Cancel Flights

A dangerous winter storm will bring snow by the foot to the U.S. mid-Atlantic, including Washington, threatening at least 50 million people in its path while canceling thousands of flights and closing schools and government offices. Washington and Baltimore may …

Plaintiff in First ‘Bellwether’ GM Ignition Switch Trial Drops Case

The Oklahoma mail carrier at the center of the first trial over General Motors Co.’s deadly ignition-switch defect is dropping his claims after being accused of lying to the court. Robert Scheuer, 49, will walk away from the case empty- …

Judge Hits Plaintffs’ Lawyers in GM Ignition Switch Trial

General Motors Co. got a boost in the first trial over a deadly ignition-switch defect as a judge slammed plaintiffs’ lawyers for failing to vet their client, an Oklahoma mail carrier accused by the carmaker of lying to the court. …

Axa Buying France’s Tallest Building, Tour First

Axa Investment Managers Real Assets, the property unit of the French insurer, agreed to buy France’s tallest skyscraper from affiliates of Beacon Capital Partners. Axa is buying Tour First on behalf of a group of investors, the asset manager said …

Property Crimes Down, Violent Crime Up: FBI

The overall number of property crimes declined in the U.S. while the number of violent crimes rose for the first six months of 2015 compared to 2014. The FBI report — Preliminary Semiannual Uniform Crime Report— is based on information …

Bond Insurers’ Lawsuits Against Puerto Rico to Be Combined

A second lawsuit over Puerto Rico’s debt default will be joined with a similar suit in order to save time and money and avoid inconsistent rulings, a U.S. federal judge said on Thursday. Financial Guaranty Insurance Co., or FGIC, sued …

Auto Recalls in U.S. Passed 51 Million in 2015

The National Highway Traffic Safety Administration said on Thursday that automakers recalled 51.3 million vehicles in the United States last year, the second-highest ever, in 868 separate campaigns. NHTSA and automakers have come under harsh criticism on auto safety issues …

Allianz to Buy Aegon’s Commercial P&C Portfolio in the Netherlands

Allianz has agreed to acquire the commercial P&C portfolio of Aegon in the Netherlands. Details of the transaction were not disclosed. Allianz’s P&C market share in the Netherlands will rise from 4.4 percent to 5.0 percent with this transaction, said …