XL Group plc announced that the Company has appointed Philip M. Jacobs as Global Head of Capital Management, Corporate Development and Tax. He reports to Peter R. Porrino, Executive VP and CFO, and will be based in Stamford, Connecticut. Porrino …
The Republican-controlled U.S. House of Representatives needs to solve its farm bill impasse by enacting the Senate’s bipartisan bill, Majority Leader Harry Reid said on Monday, warning that the Democrat-run Senate will not extend current law again. The House defeated …
A report from Marsh on the recent Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people cites the “serious risks that labor conditions can pose not only to workers, but also to organizations’ reputations, supply chains, and …
Alberta Premier Alison Redford on Monday promised C$1 billion (US$956 million) in initial funding to help pay for damage caused by major flooding this past weekend, and said the oil-rich province would no longer be able to balance its operating …
The U.S. Supreme Court put new limits on lawsuits claiming on-the-job harassment, throwing out a case filed by a black catering worker who said a colleague slapped her and used racial epithets. The justices, voting 5-4, said the alleged harasser …
The U.S. Supreme Court reinforced its bar on lawsuits by patients against generic-drug makers, overturning a $21 million award to a woman who suffered debilitating injuries after taking a generic painkiller. The justices, voting 5-4, said the federal drug-approval regime …
People in 36 of Mississippi’s 82 counties may not be able to buy health insurance through the new federal online marketplace when it starts enrolling customers in October. Insurance Commissioner Mike Chaney said two insurers have announced offerings so far, …
First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers’ net income after taxes rose to $14.4 billion in first-quarter 2013 from $10.2 billion in …
Here’s a problem you don’t hear about that often with a state grant program: New Jersey is giving away $10,000 to 18,000 people, and there are not enough takers. The grant money comes from the Homeowner Resettlement Program, part of …
New Jersey has launched a $40 million grant program to encourage landlords to rent vacant properties to low- and moderate-income tenants affected by Superstorm Sandy. The Landlord Incentive program covers about 30 percent of monthly rents for qualifying tenants. The …
