A Georgia food processor linked to a deadly salmonella outbreak shipped thousands of pounds of peanut products after learning its products were contaminated and cheated on testing, a former plant manager testified this week. Samuel Lightsey is a key government …
It’s almost the middle of August, and the Pacific has been cranking out hurricanes and typhoons all over the place. So, what’s with the Atlantic? After just about two and half months, hurricanes Arthur and Bertha are all the Atlantic …
AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million). The purchase of Cabot Circus, about …
The European Commission (EC) has issued a questionnaire to seek the views of stakeholders on the functioning and the future of the Insurance Block Exemption Regulation (IBER), which exempts certain agreements between companies in the insurance sector from EU antitrust …
A bulletin from Lloyd’s of London warns that, “as sea levels rise, ground levels in coastal megacities are also falling – with potentially disastrous implications for insurers. Insurers of large property portfolios in the world’s great coastal cities will have …
It’s almost the middle of August, and the Pacific has been cranking out hurricanes and typhoons all over the place. So, what’s with the Atlantic? After just about two and half months, hurricanes Arthur and Bertha are all the Atlantic …
Brit Plc, a Lloyd’s of London insurer, posted a 4.5 percent increase in premiums and said it would pay its first dividend following its initial public offering in March. The shares gained. Premiums before reinsurance expenses rose to £701.2 million …
Companies that run New York City’s growing armada of double-decker sightseeing buses, like the ones involved in last week’s Times Square crash, have no legal obligation to report accidents to the city agency that licenses them. The Consumer Affairs Department …
A Maryland lawmaker says the Legislature and not the state Public Service Commission should come up with policies to regulate Web-based ride-sharing services like Uber, after the PSC ruled this week that such companies should be treated the same way …
A U.S. senator from New Jersey is calling for tougher penalties for railroads that violate safety rules among other changes he’s proposing to try to prevent accidents involving hazardous materials. Democrat Robert Menendez says his plan is in response to …
