February 19, 2010
Food and Drug Administration staff said they face difficulties in reviewing certain medical devices, hurdles that may call for additional regulations and authorities, even as the industry defended the current approval process. At a public meeting Thursday, held to discuss …
February 19, 2010
Senior drivers in Tennessee could get a discount on their insurance for taking an online driving course, under a bill unanimously approved by the state Senate on Wednesday. The measure sponsored by Republican Sen. Mike Faulk of Kingsport and supported …
February 19, 2010
A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest court has ruled. The insurer had argued that there was no coverage …
February 18, 2010
Swiss Re returned to profit in 2009. The world’s number two reinsurer reported net income of CHF506 million [$468.9 million], compared to a loss of CHF 864 million [$800.6 million] in 2008. The earnings statement noted: “Net income was impacted …
February 18, 2010
Austin, Texas-based Combined Agents of America LLC (CAA) announced it achieved more than $410 million in combined property and casualty premiums and more than $53 million in revenue for 2009. The group, which recorded around $375 million in combined premiums …
February 18, 2010
Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions. December’s U.N. climate conference in Denmark failed …
February 18, 2010
A jury has ruled against a Massachusetts woman who claimed in a lawsuit against her real estate broker that she was forced to move out of her condominium because of secondhand cigarette smoke coming from a neighbor. Alyssa Burrage alleged …
February 18, 2010
Golf carts are a common sight in South Carolina, just not on state roads. But legislation up for debate this week in a House subcommittee would allow people to drive golf carts on the state’s secondary roads as long as …
February 18, 2010
For the first time in Texas Automobile Insurance Plan Association (TAIPA) history a public member has been elected to lead the organization’s board. Long-time Board member Bill Jeter, of College Station, Texas, was unanimously elected to head the association’s governing …
February 18, 2010
South Carolina legislators this week advanced bills limiting how drivers use their cell phones behind the wheel. The bill heading to the House floor would ban both text messaging and talking on a hand-held phone, while a separate measure sent …