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GEICO Names Rayburn VP of Southeast Operations

Auto insurance giant GEICO promoted Rhett Rayburn to vice president of Southeast operations. He will be based in GEICO’s Macon, Ga., office. Prior to his new role, Rayburn was assistant vice president of claims operations in GEICO’s Tucson, Ariz., office …

Pirate Kidnappings Surge in Waters off Nigeria as Attacks Spread

Kidnappings of sailors on merchant ships in waters off Nigeria and nearby countries surged in the first half as pirates attacked a broader range of vessels and sought targets farther out at sea. Pirates operating in the Gulf of Guinea …

French Train Crash Caused by Technical Fault on Track, SNCF Says

The French train crash that killed at least six people on Friday afternoon was probably caused by a technical fault involving the track, the railway operator SNCF said. The piece of metal linking two train lines “broke away” when the …

Willis Sees Continued ‘Downward’ Trend for Airline Premiums

Insurance premiums for airlines continued to go down during the first half of this year in what remains a buyers’ market, according to a report by Willis Group Holdings. The loss of an Asiana B777 aircraft in a tragic accident …

Lawsuits Could Follow Zimmerman Acquittal

The acquittal of George Zimmerman, the Florida neighborhood watch volunteer cleared of state charges in the death of black teenager Trayvon Martin, spurred new calls for a federal civil rights prosecution and suggestions the youth’s family may bring a lawsuit. …

North Carolina Begins Surveying Outer Banks Residents on Evacuation

State and federal emergency officials will survey hundreds of Outer Banks residents to find out if they would ever evacuate for a hurricane so they can estimate how crowded roads will be when people are told to leave ahead of …

Fast-Growing Craft Brewers Slow to Adopt Workplace Safety

Welder Mark Moynihan crawled down a narrow tube into a space the size of a car interior to seal the crack in the fermentation tank at Calhoun’s Bar-B-Q & Brewery in Knoxville, Tennessee. The space was oversaturated with oxygen. He …

Penn State Approves Settlement Offers to Sandusky Victims

Pennsylvania State University said it approved settlement offers to some victims of Jerry Sandusky, the former assistant football coach convicted of sexually abusing 10 boys. The offers will be made to some people who made claims against the university related …

Total Cost of Risk Up As Market Firms: RIMS

Businesses paid about five percent more in 2012 than they did in 2011 to cover the total cost of risk. That compares to a rise of only 1.7 percent in 2011, according to the 2013 Risk & Insurance Management Society …

Cheerleader Wins Defamation Lawsuit Against Gossip Website

A gossip website operator who lost a defamation lawsuit brought by a former Cincinnati Bengals cheerleader plans to appeal, and some First Amendment lawyers warn the verdict could adversely affect other websites. A federal court jury in Covington, Ky., awarded …

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