SeaWorld Orlando is fighting $75,000 in penalties from a federal job safety agency following last year’s death of a trainer who was grabbed by a killer whale and dragged under water. A hearing was held for yesterday before an administrative …
“Models are never done – they’re evolutionary,” said EQECAT’s president Bill Keogh in an interview at the Reinsurance Rendezvous in Monte Carlo. EQECAT’s latest updates were released on July 15. They covered its North Atlantic hurricane model, its Canada earthquake …
Standard & Poor’s downgrading of Italian debt hit the euro on Tuesday, although stock investors shrugged off the move to push European stocks higher. Markets remain on edge about Greece’s rickety finances and French banking stress and world stocks as …
Whittington Group, the Singapore-based international insurance investor, announced it has reached a definitive agreement to sell its London businesses to a consortium, comprising Tawa Plc, Skuld, and Paraline Group, Ltd., who will acquire Whittington Insurance Markets Limited (WIM) and its …
A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest. The order, issued by the 2nd U.S. Circuit Court of Appeals in …
Automakers, including Hyundai Motor Co. and Subaru recalled more than 800,000 cars and trucks last week for defects including faulty airbags, according to federal regulators. Separately, the National Highway Traffic Safety Administration opened a preliminary defect investigation into 205,661 Ford …
While calls to volunteer fire departments are on the rise, the ranks of these volunteers are dwindling in Middle Tennessee and officials hope a younger generation will step up to the service. Volunteer fire departments account for about 80 percent …
A Massachusetts truck driver has been convicted of insurance fraud in New Hampshire for lying about damage to his truck, according to officials. New Hampshire Insurance Commissioner Roger Sevigny and Attorney General Michael Delaney announced the conviction of Jason Reed …
President Barack Obama on Monday proposed to end a “direct payment” subsidy that gives $5 billion a year to farmers regardless of need, as part of his larger effort to reduce the federal budget deficit. Direct payments, created in 1996 …
C. V. Starr & Co. Inc. Chairman and CEO Maurice “Hank” Greenberg is scheduled to host a fundraising event in New York on Tuesday, Sept. 20, for Texas Gov. Rick Perry. Perry is one of the leading Republican Party candidates …
