Wall Street’s concern about the U.S. Supreme Court’s looming decision on President Obama’s healthcare overhaul is overblown because the provision at the heart of the law already has little teeth, the top executive at Aetna Inc. said. The court in …
Pre-emptive strikes by naval forces, the deployment of private armed guards and protective measures by ships helped to almost halve the number of successful hijackings by Somali pirates last year, a maritime watchdog said on Thursday. Seaborne gangs are making …
BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …
The cruise ship disaster off Italy’s coast is drawing fresh scrutiny to the gaps in international safety rules and standards – yet there may be little appetite among the world’s major shipping nations and companies for big changes anytime soon. …
Responding to the still-unfolding disaster of a capsized Italian cruise ship, a U.S. congressional committee launched an investigation on Wednesday of industry safety practices and planned a hearing next month. The House Transportation Committee’s Coast Guard subcommittee will review operating …
The British newspaper arm of Rupert Murdoch’s News Corp. looks set to settle at great expense a string of legal claims after admitting wide-scale phone hacking that was both known about and concealed by senior management. Murdoch’s News International had …
Tennessee’s highway deaths in 2011 stayed below 1,000 for just the third time in 48 years. Preliminary figures released by the Tennessee Department of Safety and Homeland Security show the state had 947 traffic-related deaths last year. That could make …
One of the things Shane Crockett loved about being in the military was the sense of purpose he felt on the job every day, something he said was missing from his first post-military job as an engineer. So like the …
Government officials and Evansville residents soon will have access to a new set of maps detailing areas at greatest risk of damage from strong earthquakes that periodically shake southwestern Indiana. The maps will be unveiled at the Southern Indiana Career …
Summit Reinsurance Services Inc. (Summit Re), based in Fort Wayne, Ind., has added Vice President and Lead Reinsurance Underwriter Shaun Peterson to its executive staff. Peterson joins the Summit Re actuarial and underwriting team and will focus on provider excess-of-loss …
