A novel approach to make public schools liable for campus violence under a measure is advancing in Colorado, even as lawmakers from both parties wonder whether liability will prevent the next mass shooting. The bill that won bipartisan approval 4-1 …
An appeals court has trimmed to $2.8 million the damages awarded to a woman who said the Jehovah’s Witnesses allowed an adult member of a Northern California church to molest her when she was a child in the mid-1990s. Candice …
Lloyd’s of London has named Richard Magrath regional director for its Western U.S. region. Magrath will be based in Los Angeles, Calif. with responsibility for market development activities in California, Oregon, Washington, Arizona, New Mexico, Nevada, Colorado, Idaho, Utah, Wyoming, …
The IRS is growing increasingly uncomfortable that an increasing number of smaller companies and professional firms have been doing what larger companies do — creating their own or joining a captive insurer. The IRS believes some of these smaller companies …
Tokio Millennium Re AG (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that it has received authorization from the UK Prudential Regulation Authority (PRA) to operate a branch office in the …
The White House on Tuesday said Democratic President Barack Obama’s advisers would recommend that he veto a pending Republican-authored bill to repeal the estate tax. A vote on the bill in the House of Representatives could come as soon as …
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd’s of London insurer for $1.88 billion. Fairfax said Wednesday it reached …
XL Group announced the launch of a stand-alone automotive parts recall policy, a tailored insurance solution designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and liabilities related to …
It’s a seller’s market for the cyber war’s special forces. Just ask Scott Davies, 30, who left a career snooping on Australia’s enemies in December for a similar gig at FireEye Inc. Or Brian Varner, 35, who swapped a job …
When it comes to taxes, corporate America is getting a bit less corporate. And a bit less American. Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are …
