Record high ocean temperatures and the development of a climate phenomenon known as La Nina will keep the Atlantic hurricane season on track to be the busiest since 2005, according to government forecasters. The National Oceanic and Atmospheric Administration has …
United Insurance Holdings Corp., a property and casualty insurance holding company, today reported its financial results for the second quarter and for the six months ended June 30, 2010. For the second quarter, United returned to profitability from a loss …
Exxon Mobil Corp. is suing the United States to recover more than $45 million in clean-up costs at its refining and petrochemical plants in Baytown, Texas, saying the government controlled the facilities during World War Two. Exxon argues it should …
Crime on cruise ships is rare, considering 10 million North Americans sailed last year. But some crime victims believe that justice also is rare — due to overlapping investigative powers, difficulty obtaining evidence and witnesses, and a lack of sworn …
American International Group Inc. reported a $2.7 billion quarterly loss compared to a net profit of $1.8 billion for the same quarter a year earlier. The second quarter 2010 loss was primarily due to a $3.3 billion non-cash goodwill impairment …
Major European insurance groups weathered a slew of damage claims for storms and the collapse of the Deepwater Horizon oil rig to post stronger-than-expected half-year earnings on Wednesday. But prospects for the rest of 2010 remain cloudy, with low interest …
A woman sued Toyota Motor Corp., BP America Inc. and others, claiming their actions contributed to a March fire at a gasoline pump that killed her son. The wrongful-death and product liability action filed in Philadelphia by Lisa Rickenbach claims …
Some Nevada doctors say they’re worried a state court could overturn a law limiting the amount of damages paid out in medical malpractice cases. The Nevada Supreme Court is being asked to consider a 2008 lawsuit brought against Spring Valley …
The United States Tuesday took steps to make it harder for Iran to skirt trade sanctions aimed at preventing nuclear proliferation, naming nearly two dozen firms in six countries as controlled by the Iranian government. U.S. law prohibits American citizens …
California’s State Compensation Insurance Fund announced it has earned international recognition for several outstanding communication and outreach programs. Awards in seven categories were presented to State Fund at the 2010 annual meeting of the American Association of State Compensation Insurance …
