Tokyo Electric Power Co. shareholders rejected a proposal to look into pursuing claims for compensation against companies that supplied parts for the crippled Fukushima nuclear plant, including General Electric Co. Shareholders at Thursday’s annual general meeting for the company known …
A dental assistant fired because her boss thought she was too attractive has won a rare reconsideration by the Iowa Supreme Court on her sexual discrimination lawsuit. Chief Justice Mark Cady signed an order on June 24 that resubmitted a …
President Barack Obama on Thursday cut off longtime U.S. trade benefits for Bangladesh in a mostly symbolic response to dangerous conditions in that country’s garment industry that have cost more than 1,200 lives in the past year. “I have determined …
The biggest overhaul of insurance accounting in 30 years advanced a step on Thursday with the release of a proposal that some insurers fear could make their profits more volatile. In a move to align financial statements worldwide, the U.S. …
Arts and crafts chain Hobby Lobby may be entitled to an exemption from a requirement in President Barack Obama’s 2010 healthcare overhaul to include free contraception coverage in its employee health insurance plans, a federal appeals court ruled this week. …
Damage to farmland in southern Alberta is not “widespread” after the region’s worst floods on record, according to Katrina Bluetchen, a spokeswoman for the provincial agriculture ministry. Reports collected by the ministry suggest most of the flooding in agricultural areas …
Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos. have launched Mutual Company Specialty Practice which will focus exclusively on the needs of mutual insurance companies. The practice will consist of …
Authors and publishers of controversial scientific articles, and the companies sponsoring those articles, won broad free speech protection from a U.S. appeals court on Wednesday. The 2nd U.S. Circuit Court of Appeals in New York said statements of scientific conclusions …
A former Dickinson, N.D., insurance agent convicted of stealing tens of thousands of dollars from a client has been sentenced to 10 years in prison. A jury in April found Scott Biggs guilty of five counts of felony theft of …
Risk Strategies Co., a Boston-Based insurance and benefits brokerage and risk management firm, announced that private equity firm Kohlberg & Co. has acquired the majority of Risk Strategies’ stake. The brokerage said Mount Kisco, N.Y.-based Kohlberg & Co. has also …
