The captain of the U.S. cargo ship that sank off the Bahamas in a hurricane last fall, killing all 33 people on board, was responsible for decisions that put the vessel in the path of the storm, the company that …
The U.S. Federal Aviation Administration is reviewing a House Republican plan to spin off the nation’s air- traffic control system to a nonprofit corporation and hasn’t rejected the idea. FAA Administrator Michael Huerta, speaking Tuesday at the Singapore Airshow, said …
Warren Buffett’s Berkshire Hathaway Inc. plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through Yahoo Inc.’s finance page. Viewers will be able to watch Buffett, Berkshire’s 85-year-old …
Sierra Club weighed into the controversy over fracking and increased earthquake risk with a lawsuit accusing a Chesapeake Energy Corp. unit, Devon Energy Production Co. and New Dominion LLC of triggering tremors in Oklahoma and Kansas. The environmental group said …
The Massachusetts Senate recently passed a legislative amendment that would open up home insurers’ rate filings for public discussion. The amendment was proposed by Massachusetts State Senator Mike Barrett, D-Lexington. The lawmaker said the measure would benefit homeowners who are …
U.S. Risk Insurance Group Inc. has hired John L. Guadagno as executive vice president of Binding Operations for its affiliate company, U.S. Risk Underwriters.
Narragansett Bay Insurance Company (NBIC) has hired Brendan McLaughlin as the company’s assistant vice president – Connecticut territory manager. In this position, McLaughlin will be responsible for developing and maintaining strong partnerships with NBIC’s agents and industry associations, driving profitable …
A Midwestern environmental group has followed through on its promise to formally challenge Peabody Energy’s ability to guarantee it has enough money for future cleanup of its Illinois and Indiana coal mines. The Environmental Law and Policy Center in Chicago …
Demotech Inc. has affirmed the “AAA” Financial Stability Rating (FSR) assigned to Pennsylvania Intergovernmental Risk Management Association (PIRMA), a self-funded public entity pool. Demotech said PIRMA is a local government risk pool that offers comprehensive liability and property coverages specially …
Some nurses would be able to cross the border into or out of Oklahoma without getting a new professional license under legislation approved by the Oklahoma House of Representatives Appropriations and Budget Subcommittee on Health. House Bill 2482, by state …
