January 23, 2015
The drone pilot who challenged the U.S. government’s authority over unmanned aircraft agreed to pay a reduced fine of $1,100 to settle his case. Raphael Pirker, a Swiss citizen who flew a small unmanned plane without government permission over the …
January 23, 2015
The National Highway Traffic Safety Administration plans to add what it considers two “cutting-edge” automatic emergency braking systems to the recommended safety features included under its rating system for consumers. Transportation Secretary Anthony Foxx said it is recommending two automatic …
January 23, 2015
Willis Group Holdings plc, the global risk adviser, insurance and reinsurance broker, has announced a group of internal promotions and moves to strengthen the Willis China leadership team. Mitchell Ma has been appointed as chairman of Willis China. Ma has …
January 23, 2015
It’s a $182 billion question for India with no easy answer. That’s the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi’s pledge to provide around-the-clock electricity, and end the nation’s blackout …
January 23, 2015
The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. In addition, it has also added an account executive and an account manager to its team. The staff …
January 23, 2015
A doctor with offices in Louisville, Ky. and southern Indiana has been charged with prescribing pain medications that resulted in the deaths of five patients. The U.S. attorney’s office in Louisville said 47-year-old Jaime Guerrero was charged in a 32-count …
January 23, 2015
Maine’s Commissioner of Labor Jeanne Paquette said in a statement Wednesday that the state’s Department of Labor is opposed to the Occupational Safety and Health Administration’s (OSHA) changes to the Safety and Health Achievement Recognition Program award (SHARP). The SHARP …
January 23, 2015
A group of lawmakers and residents from the Mississippi Gulf Coast are again pushing a bill that would require insurance companies to disclose, by geographic area, how much they are charging to insure property. The idea, which originated in Alabama, …
January 23, 2015
Travelers Cos. Chief Executive Officer Jay Fishman is reducing his activities that aren’t tied to the company after being diagnosed with a neuromuscular condition. “I have already begun to cut back fairly meaningfully on my non-Travelers commitments,” Fishman, 62, said …
January 23, 2015
A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator (MVI). Among the companies taking part in …