May 14, 2010
CNA has appointed Jamie Abercrombie as commercial underwriting officer. Abercrombie, who has more than 27 years of underwriting experience will be based in Philadelphia. He most recently served as vice president of risk management for Chubb’s Mid-Atlantic region. He began …
May 14, 2010
The makers of file-sharing software LimeWire are liable to 13 major record companies that accused the service of infringing their music copyrights, a Manhattan federal judge has ruled. In a ruling made public Wednesday, U.S. District Judge Kimba Wood agreed …
May 14, 2010
A lawyer for the family suing a Pennsylvania school district for allegedly spying on students through school laptops says they won’t seek a class-action damage award. Lawyer Mark Haltzman says Lower Merion School District student Blake Robbins only plans to …
May 14, 2010
A Tallahassee man has been arrested on charges of arson, insurance fraud and grand theft after state investigaors said they determined the suspect intentionally set fire to his yacht, a 50-foot SeaRay named “Shameless,” and then filed a false insurance …
May 14, 2010
The seven elderly guests on stage at Island Christian Church were just kids 75 years ago when a Category 5 hurricane barreled into their homes in the Upper Florida Keys, leaving a trail of destruction and death. A packed crowd …
May 14, 2010
Over the last two days, May 12-13, over 40 representatives from Caribbean and international agencies held a meeting in Barbados to discuss the initial results from a recent investigation into the Economics of Climate Adaptation (ECA) in the Caribbean. The …
May 14, 2010
Florida’s property insurance companies haven’t suffered hurricane losses for nearly five years, but many claim to be losing money even while collecting hefty premiums. It’s a complex paradigm for almost anyone to follow. “We keep going round and round and …
May 14, 2010
Europe’s debt troubles could undermine its currency, White House Economic Adviser Paul Volcker said Thursday. Volcker, a former Federal Reserve chairman and a widely respected economist, told students at the London School of Economics that it was difficult to have …
May 14, 2010
The five-category system that describes a hurricane’s strength and the havoc its winds could bring to the U.S. has been updated for the 2010 storm season. Gone from the Saffir-Simpson Hurricane Wind Scale are estimates for storm surge and inland …
May 14, 2010
The UK’s Prudential Plc is expected to outline divestments of some Asian assets in its upcoming rights offering prospectus in an effort to appease shareholder concerns about its planned AIA acquisition, a source familiar with the process told Reuters on …