January 15, 2010
The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office. The report, which the WEF has prepared in each of the …
January 15, 2010
Missouri Supreme Court is considering whether to overturn limits on how much money people can be awarded in medical malpractice cases. The case challenges a 2005 law that set a flat $350,000 cap for non-economic damages, such as for pain …
January 15, 2010
Copart UK Limited announced that it has agreed to acquire D Hales Limited, a UK-based vehicle salvage disposal company, headquartered in Bristol, with five auction and auto parts facilities located in Bristol (Avonmouth), Bedford, Colchester, Gainsborough and Luton. Prior to …
January 15, 2010
In Texas, the repeal of a motorcycle helmet law has been followed by a sharp increase in fatal motorcycle crashes, according to a study in the January Southern Medical Journal, official journal of the Southern Medical Association. “Since the 1997 …
January 15, 2010
Old Man Winter has been showing his teeth. Freezing temperatures, combined with the heaviest snowfalls Britain and Europe have seen in 30 years, have snarled road, rail and air transportation, caused power outages and generally played havoc across northern Europe …
January 15, 2010
U.S. Treasury Secretary Timothy Geithner said Thursday the bailout of insurer American International Group was not meant to help out bank counterparties and that he had no role in the decision not to disclose payments made to banks. In his …
January 15, 2010
The Alabama Legislature has taken the first step toward banning drivers from sending or writing a text message while operating a vehicle on a public road. The House Public Safety Committee approved a bill this week that would fine a …
January 15, 2010
SUNZ Insurance Co. of St. Petersburg, Fla. reported it has acquired Brentwood National Insurance Co. of Brentwood, Tenn., a workers’ compensation services and claims firm. SUNZ sells workers’ compensation policies to professional employer organizations (PEO) and staffing companies. It was …
January 15, 2010
State Farm will drop as many as 1,650 insurance policies on homes on North Carolina’s coastal barrier islands, according to state officials. Kristin Millam, public information director for the North Carolina Department of Insurance, said State Farm executives told regulators …
January 15, 2010
West Virginia-based BrickStreet Mutual Insurance said it has been approved to begin writing workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet …