2012 Hurricane Season at Halfway Point September 14, 2012 Thus far, the 2012 Atlantic hurricane season that is about at its midpoint has seen 14 tropical storms, with seven...
Hurricane Isaac Insured Losses to Reach $1-$2 Billion: RMS September 14, 2012 U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion,...
Corporate Lawyers Rank California, Illinois, West Virgina Low for Legal Climate September 14, 2012 Lawyers for U.S. companies say California, Illinois and West Virginia have some of the worst legal climates in the country...
More Transparency Urged for U.S. Financial Oversight Units September 14, 2012 By Sarah N. Lynch The new U.S. financial risk council should publicly share more details about its closed-door meetings on emerging risks to markets,...
Best Affirms Ratings of Catlin Group Limited’s U.S. Subsidiaries September 14, 2012 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of Catlin...
ABC News Sued for Defamation Over ‘Pink Slime’ Reports September 13, 2012 By Jonathan Stempel ABC News was hit with a $1.2 billion defamation lawsuit on Thursday by a South Dakota meat processor that accused...
Common Type of Rail Car Has Dangerous Design Flaw September 13, 2012 By Jason Keyser For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids...
Length of Yellow Traffic Lights Could Prevent Accidents September 13, 2012 A couple of years ago, Hesham Rakha misjudged a yellow traffic light and entered an intersection just as the light...
Financial Firms Having to Adjust to Aggressive Consumer Protection Bureau September 13, 2012 By Daniel Wagner The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for...
Focus of MF Global Probes Turns to Civil Cases; Insurance Dwindling September 13, 2012 By Alexandra Alper and Aruna Viswanatha Prosecutors investigating the collapse of failed commodities brokerage MF Global are close to wrapping up their criminal probe and are...