June 24, 2014
A judge has denied Vail Resorts’ request to toss a lawsuit filed by the parents of a teenager who died in an avalanche while skiing in January 2012. The Vail Daily reported District Judge Chris Melonakis’ decision means the wrongful …
June 24, 2014
Aurora, Colo. fire officials say a man has died after being pinned by 4,000 pounds of glass in two wooden crates at a window company. Capt. Diane Lord of the Aurora Fire Department said Saturday that the victim was helping …
June 24, 2014
Canal Insurance Co. in Greenville, South Carolina, has named Tim Horgan as vice president, Transportation, and chief marketing officer, and Bob Pace, vice president and chief claims officer, to the executive leadership team. Horgan assumes profit and loss accountability for …
June 24, 2014
The parent company of one of Florida’s largest home insurers has entered into a non-binding deal to purchase another state-based insurer in a move that could affect 21,500 state policyholders. HCI Group Inc. announced it will acquire Prepared Holdings LLC …
June 24, 2014
There are currently more than 23 million licensed drivers aged 70 and older and as baby boomers soon begin turning 70, the number of seniors on the road will rise steadily over the next two decades. The majority of senior …
June 24, 2014
To corral a surge in incidents of reckless, recreational drone use, the U.S. government barred flights of small unmanned aircraft near airports and crowds. People who want to fly drones as hobbyists should take lessons on safe operation and keep …
June 24, 2014
For the West Virginia company that sullied 300,000 people’s drinking water to start the year, slip-ups like not reading emails and leaving the company chemical headquarters unattended have produced problems for months. Contractor troubles, miscalculations and missteps have kept state …
June 24, 2014
Peak Reinsurance Co. Limited, the Hong Kong based reinsurer, has appointed Kathleen Koh as senior vice president to underwrite credit and surety business. Koh will be responsible for developing and growing Peak Re’s credit book in Asia Pacific. As a …
June 24, 2014
Shaken by a fraud investigation into metal financing in the world’s seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China’s sprawling warehouse sector. The probe at Qingdao port centers …
June 24, 2014
Private equity firm Carlyle Group LP said on Monday it had raised $1 billion for its second fund focused on buying and selling financial institutions such as wealth managers and insurance firms, almost three years after it began fundraising. While …