Drive Underway to Increase Truckers’ Minimum Insurance Limits June 5, 2014 By Andrew G. Simpson Truckers would be required to buy higher insurance limits under a government proposal, although how much higher is not yet...
Top Bid for Power Lunch with Buffett Tops $1M Thus Far June 5, 2014 By Vivek Shankar Warren Buffett’s annual charity auction drew an offer of more than $1 million, surpassing last year’s winner, with a day...
Some Trucking Firms Want Congress to Ease Safety Limit on Truckers’ Hours June 5, 2014 By Jeff Plungis The 70-hour cap on a U.S. trucker’s workweek has a chance of being eased by Congress, undoing the result of...
GM Top Executives Did Not Know About Ignition Defect: WSJ on GM Internal Probe June 5, 2014 An internal probe of General Motors Co.’s delay in recalling cars with defective ignition switches linked to at least 13...
Female-Named Hurricanes More Deadly But Less Feared June 5, 2014 By Seth Borenstein Which scares you more: Hurricane Victor or Hurricane Victoria? People are slightly less likely to flee an oncoming storm with...
S&P Loses Bid to Keep 16 States’ Lawsuits Over Ratings in Federal Court June 5, 2014 By Jonathan Stempel Standard & Poor’s suffered a defeat on Tuesday in litigation accusing it of issuing misleading credit ratings prior to the...
The Hartford Names Carano Commercial Markets Loss Control VP June 5, 2014 The Hartford has appointed Carl J. Carano vice president of loss control for the company’s Commercial Markets division. Carano will...
Farmers Withdraws Climate Change Suit Against Municipalities June 4, 2014 By Don Jergler Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing...
General Star Contract Division Adds Product Liability for 50 Classes June 4, 2014 General Star Management Co. has added product liability coverage to its suite of delegated authority product offerings. The new product...
Inland Marine Underwriters Elect Hoehn of Travelers as Chair June 4, 2014 The Inland Marine Underwriters Association (IMUA) elected officers and board members at its annual meeting in Austin, Tex. Michelle Hoehn,...