Republican budget-cutters joined Democratic defenders of food stamps on Thursday to deal a shocking defeat to the $500 billion farm bill backed by Republican leaders in the House of Representatives, undermining hopes of enacting legislation before the current stop-gap law …
A Burbank man has sued Costco, claiming he got hepatitis A from frozen berries that have been linked to illnesses in eight states. City News Service reported Greg Patterson’s lawsuit is at least the fifth filed in California against the …
A huge amount of press has been devoted to how important price is to insurance buyers — and it clearly is. But this is not specific to insurance. Price is a key factor in almost all buying decisions, excluding medical …
XL Group’s Bermuda Professional Lines Unit has launched a new insurance product to specifically address the needs of Fortune 500 companies and other large employers potentially exposed to employee compensation and classification disputes. The new Wage & Hour liability insurance …
The U.S. Federal Trade Commission should gather information about the business practices of “patent assertion entities,” known as patent trolls, to see whether they are hurting competition, the head of the commission said on Thursday. Patent trolls are companies that …
In a series of rulings this year, the U.S. Supreme Court has steered a consistent course against consumers or small businesses that want to bring class action lawsuits against corporate defendants. Comcast Corp, Whirlpool Corp and Sears Holdings Corp’s Sears …
CEOs from the G20 Advisory Group of the International Chamber of Commerce (ICC) met in Saint Petersburg with more than 400 other business leaders and top government officials, including Russian President Vladimir Putin. The meeting was held in conjunction with …
“The recent attacks in London, Paris and the Boston marathon bombing are evidence that terrorists are resorting to simpler tactics,” said Mark Lynch, the head of Political Risk Model Development at Aon Benfield’s Impact Forecasting. “They have more opportunities and …
Flash floods triggered by torrential rain in northern India may have killed hundreds of people, a government official said, as the armed forces stepped up searches for those stranded in mountainous areas. Narrow valleys in the foothills of the Himalayas, …
Berkshire Hathaway Specialty Insurance officially announced the appointment of Dan Fortin as senior vice president, executive and professional lines. Fortin was previously senior vice president of CNA Specialty. Berkshire Hathaway Specialty Insurance, the new commercial P/C insurance unit of Berkshire …
