According to catastrophe risk modeling firm AIR Worldwide, tropical cyclone Choi-Wan, currently raging in the Pacific Ocean, is a Category 5 storm, or “super typhoon,” with wind speeds reaching 200 mph, 320 km/hr. The storm has passed the Northern Marianas …
A new form of insurance that covers risks such as droughts or floods could help small farmers in developing countries cope with worsening impacts of global warming, a U.N. backed report said on Wednesday. Under “index insurance,” payouts are linked …
Two Vietnam veterans are not entitled to damages from a 2007 Department of Veterans Affairs computer security breach in Birmingham, Ala., a federal appeals court panel in Georgia has ruled. Jim Henry Perkins and Jessie Frank Qualls had to prove …
Southeast Asia faces one of the world’s highest climate change bills, the Asian Development Bank said on Monday, unless the region adapts to climate change and joins the rest of the world in cutting greenhouse gas emissions. The destructive effects …
A retired Pennsylvania Superior Court judge was sentenced to three years, 10 months in prison Tuesday for falsely collecting $440,000 from insurance companies after being injured in a slow-speed fender bender. Michael Joyce was convicted in November of two counts …
The British American Business Council of Orange County, Calif., (BABC-OC) recently appointed John Kuykendall as president for 2009. Kuykendall is a long-time member of the Southern California business community and president and owner of Benefit Solutions Co., a local insurance …
When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in emerging …
Georgia will pay a million-dollar settlement over the death of 59-year-old Michael Ernest Webb, a Vietnam veteran from Gwinnett County who was a patient at one of the state-run psychiatric hospitals. The Department of Human Resources operates the hospitals and …
In high seas and heavy rain, the supertanker Kasagisan was steaming through the Malacca Strait in February when it was suddenly surrounded by six small boats. The crew of the vessel, heading from Saudi Arabia to Japan with a cargo …
Several Pennsylvania judges appeared in a federal courtroom Monday to defend one of their own: retired Superior Court Judge Michael Joyce. Joyce, 59, is being tried on mail fraud and money laundering charges for allegedly scamming insurance companies out of …
