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Lloyd’s Says High Taxes, Regulation Burden European Firms

High taxation and new regulations are among the most pressing concerns for senior European company executives, according to a survey by Lloyd’s of London. The Lloyd’s Risk Index survey also found executives were worried about losing customers and the availability …

House May Split Food Stamps from Rest of Farm Bill

U.S. House leaders have decided to split food stamps and other nutrition programs from farm subsidies and bring an agriculture-only bill up for a vote before the August recess, a Republican leadership aide said. Such a move would amount to …

Will Bernanke Testify in Greenberg’s Bailout Lawsuit?

U.S. Federal Reserve Chairman Ben Bernanke shouldn’t be compelled to testify in Maurice “Hank” Greenberg’s lawsuit over the government’s bailout of American International Group Inc., the Justice Department said. Starr International Co., Greenberg’s closely held investment firm and an AIG …

NFL, Former Players Ordered to Mediation in Concussion Cases

The judge overseeing litigation brought by thousands of former National Football League players over head injuries ordered the parties into mediation ahead of a ruling on the league’s request to dismiss the lawsuits. U.S. District Judge Anita Brody in Philadelphia …

Insurance Group: Colorado’s Black Forest Fire Likely to Top $100M

The official count on total insured losses from the Black Forest Fire in Colorado should be released soon, and the single most destructive wildfire in the state’s history is likely to exceed $100 million – marking two years in a …

Connecticut State Police Charge 63 With DUI Over Weekend

Connecticut state police say they charged 63 people with driving under the influence and issued nearly 2,500 speeding tickets over the July 4 holiday weekend. Troopers also wrote more than 5,600 tickets for illegally using cell phones while driving, tailgating …

ACE Construction Practice Launches Healthcare Construction Project Services

ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include environmental compliance and transactional services; hazardous materials management; construction and …

Vermont Waste Facility Sues Insurer to Recover Payouts

The Chittenden Solid Waste District that inadvertently sold compost contaminated with herbicides last year is suing its insurance carrier to help recover at least part of the more than $520,000 it has had to pay out. In its lawsuit, the …

Fire Shuts Down Milwaukee County Courthouse

The Milwaukee County Courthouse and Public Safety Building has been temporarily closed after a weekend fire that caused more than a half-million dollars of damage. The Milwaukee Journal Sentinel reported the fire started in afternoon on July 6 in a …

Texas AG: State Not on the Hook for TWIA Unfunded Losses

Texas’ attorney general says the state is under no obligation to pay outstanding claims for the insurer of last resort for coastal properties should that organization not have sufficient funds to pay its bills. In a published opinion answering a …

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