October 19, 2011
The father of a slain Braintree, Vermont, girl is accusing the suspect’s ex-wife of playing a role in her death by not protecting her. The Vermont Supreme Court heard an appeal from James Bennett on Tuesday, Oct. 18. Bennett says …
October 19, 2011
The plastics industry is now a target for the growing market of metal theft, according to one UK insurer. MMA Insurance is warning that the plastics sector is now at risk as thieves are now targeting the brass tooling and …
October 19, 2011
Travelers Companies reported a $333 million net profit after taxes for the third quarter, down from $1.05 billion in the third quarter last year. Hurricane Irene and weaker investment returns hurt results. Its pre-tax losses from catastrophes in the quarter …
October 19, 2011
Two senators are pressing to remove a federal requirement that homeowners and businesses near levees and dams purchase flood insurance. Senators Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) have launched an effort to convince their colleagues to overturn a provision …
October 19, 2011
Shoplifting, employee theft and organized crime cost the global retail industry $119 billion in the 12 months ended in June, up 6.6 percent from a year earlier, according to survey results released Tuesday. A sluggish global economy and high unemployment …
October 19, 2011
Talks between U.S. states and top banks over mortgage abuses are nearing agreement on a major sticking point that has bogged down settlement negotiations for more than a year. A deal could be reached by the end of the month, …
October 19, 2011
Floods are the most commonly occurring natural catastrophes in the world and insurance companies are using science to better predict risks, yet most people underestimate flooding’s destructive power, German insurer Allianz said in a report. Climate change and man-made causes, …
October 18, 2011
A pair of California pro-business groups focused on workers’ compensation on Tuesday hailed Gov. Jerry Brown’s record on handling legislation sent to him this year in a combined report that offers their take on the year-in-review as well as their …
October 18, 2011
Bob Short has been promoted from senior vice president of claims for Salt Lake City, Utah-based Workers Compensation Fund to executive vice president. Short joined WCF in 1993 as senior vice president of claims. Short is also the president and …
October 18, 2011
The ongoing financial crisis has claimed many victims over the past few years, but while banks and their depositors have been largely protected by taxpayer bailouts, the investment fund community, and the hedge fund industry in particular, has had to …