Monthly Archives: <span>April 2016</span>

Parents Share Stories of Heroin’s Heavy Toll

Travis Mohr found sobriety after heroin came close to taking his life. Every year at the anniversary of the day he got clean, his parents hosted a celebration at their Whitehall Township, Pennsylvania, home to recognize another 12 months of …

Connecticut Cab Companies Drop Lawsuit Against Uber

More than a dozen taxi and limousine companies in Connecticut have dropped their federal lawsuit accusing ride-hailing company Uber of failing to follow state laws and regulations on taxi services, their lawyer said Tuesday. The company owners have “no faith” …

New Jersey Woman Gets 3 Years for False Stolen-Car Claim

A Newark, New Jersey, woman who falsely reported her car had been stolen so she could get an insurance settlement is now headed to state prison. State authorities say 58-year-old Janette Bautista received a three-year term. She had pleaded guilty …

Massachusetts Law That Became Model for Affordable Care Act Turns 10

Massachusetts is marking the tenth anniversary of a landmark health care law that later served as a model for the federal Affordable Care Act. Then-Republican Gov. Mitt Romney was joined by Democratic leaders including the late Sen. Edward Kennedy when …

Religious Groups, Obama Administration Cool to Supreme Court Birth Control Proposal

The U.S. Supreme Court got a mixed reaction from the Obama administration and religious groups to its unusual proposal to resolve a clash over employee insurance coverage for contraceptives. In a court filing Tuesday, U.S. Solicitor General Donald Verrilli said …

London-Based Markel International Simplifies Structure of Wholesale Business

Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has simplified the structure of its wholesale business, reducing the number of operating divisions from seven to three. These three divisions are: 1) marine, energy and property, 2) specialty …

Reinsurers’ Results Are Strong – but Can Good Fortune Continue? Asks A.M. Best

Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the headwinds that are buffeting the industry, according to a report published by …

Automakers, Tech Industries Must Plug Cybersecurity Gaps, Says U.S. Official

Internet-connected and driverless cars could be targets for hackers — potentially including terrorists and hostile nations — so the automotive industry must ensure vehicles have built-in cybersecurity protection, a top U.S. Justice Department official said. “There is no Internet-connected system …

Lockton Opens Morocco Office, Based in Casablanca Finance City

Lockton, the largest privately held, independent insurance broker in the world, has opened an office in Morocco, based in Casablanca Finance City (CFC), an economic hub for the region. Lockton’s Middle East operations serve clients in the marine, aviation, energy, …

Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage

New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance policies in the United Kingdom. “Simply Business is an innovator …