Monthly Archives: <span>January 2012</span>

Judges Weigh HIV-Positive Man’s Job Bias Claim Against Atlanta Police

A panel of federal judges appeared skeptical Wednesday of the Atlanta police department’s decision to reject a job application from an HIV-infected man. The 40-year-old man sued the city in 2010, claiming he was denied a police officer job solely …

Weather Service Documents 10 Tornadoes in Alabama

The National Weather Service has now documented paths of destruction from at least 10 tornadoes in the outbreak of storms across central Alabama early Monday. Recently completed surveys show that tornadoes struck in Perry and Chilton counties, including an EF-2 …

Costa Cruises Offers Settlements to Passengers

Costa Cruises has offered to pay 11,000 euros ($14,500) in compensation to each of the more than 3,000 passengers aboard the ship that capsized near the island of Giglio two weeks ago, Italian consumer groups said on Friday. The offer, …

Japan’s Stricken Nuclear Operator to Get $13 Billion Bailout

Japan is set to launch a $13 billion bailout of the owner of its stricken Fukushima nuclear power plant after the utility dropped resistance to a public fund injection, sources said on Thursday, as the country debates the future of …

BP Must Cover Some Transocean Gulf Oil Spill Damages

A federal judge on Thursday said BP Plc must indemnify Transocean Ltd. for some compensatory damage claims over the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier, who oversees multistate litigation over the spill, agreed with Transocean …

People Lie More When Texting

Sending a text message leads people to lie more often than in other forms of communication, according to new research. David Xu, assistant professor in the W. Frank Barton School of Business at Wichita State University, is lead author of …

BP Fails to Shift $15 Billion Gulf Oil Spill Costs to Transocean

Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean , increasing the possibility BP may have to foot the entire $42 billion clean up …

Zambrana Named Assistance Vice President of Atlas in Southern California

Stephanie Zambrana has been named assistant vice president and controller of Atlas General Insurance Services, a workers’ compensation specialty general agency in San Diego, Calif. Zambrana has more than 13 years insurance experience in various financial positions within wholesalers and …

Severe Storms Drench Texas, at Least 3 Tornadoes Reported

Buckets of rain and powerful winds that likely spawned several tornadoes swept across Texas on Jan. 25, forcing drivers to abandon cars on flooded roads but not dropping enough water to make up for a historic dry spell. The squall …

Ratings Roundup: Instituto Nacional, Malaysian Re

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Costa Rica’s Instituto Nacional de Seguros (INS), both with stable outlooks. The ratings reflect “INS’ strong capitalization and liquidity position, diversified …