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Lloyd’s Royal British Legion Organizes London ‘Poppy Day’ on Thursday

The Lloyd’s Branch of the Royal British Legion has mobilized a number of volunteers and armed forces personnel to support this year’s Poppy Appeal on London Poppy Day, Thursday November 5th. The organizers are targeting an increase in their contribution …

Colorado Workers’ Comp Rates to Drop

Colorado employers will be looking forward to additional financial relief next year by paying lower premiums for workers compensation insurance due to the announcement that a significant component of workers compensation premiums, known as loss costs, will drop 9.7 percent. …

Main Street Group Adds 5 States for Business Owners Policy

The Main Street America Group has introduced its Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for commercial lines quoting and policy issuance system to its independent agents in New York, New Hampshire, …

Savannah Diocese Settles Priest Sex Abuse Case for $4.2 Million

The Diocese of Savannah said it has reached a $4.24 million agreement through a court-ordered mediation in South Carolina with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. Ranta also …

Marsh Q3 Revenue Down But Profit Up

Marsh & McLennan Companies, Inc. (MMC) reported that for the third quarter of 2009, its consolidated revenue was $2.5 billion, a decline of 11 percent from the third quarter of 2008. Insurance revenue was down 5 percent. Expenses were reduced …

Feds Improve Flood Prediction in Washington State

Federal weather officials are beefing up their storm detection abilities in the Green River basin south of Seattle in hopes of better predicting flood threats, according to an article in the Seattle Times. Next month, the National Weather Service will …

U.S. Pay Czar to Decide on Clawback

The U.S. pay czar said Monday that he will determine “in the near future” how he will use his power to claw back pay at companies that have taken bailout money but is not currently in negotiations to do so. …

The Hartford Reports 3Q Loss

The Hartford Financial Services Group reported a third quarter net loss of $220 million, compared with a net loss of $2.6 billion in the year-ago period. Written premiums for The Hartford’s property/casualty operations in the third quarter were $2.4 billion, …

U.S. Rep. Kanjorski Favors Curbing Size of Financial Firms

The government should have the authority to break up or reconstruct financial firms before they become “too big to fail,” a prominent U.S. lawmaker said on Tuesday. The House Financial Services Committee is expected to start crafting legislation this week …

New Orleans Jury: Dell Liable for $12.8M in Crime Camera Suit

A jury in New Orleans has found Dell Inc. liable for $12.8 million in damages over unfair competition and conspiracy claims in a lawsuit involving the city’s problematic crime camera surveillance program. Southern Electronics Supply Inc. and Active Solutions LLC …

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