Takata Takeover Deals Scrutinized for Handling of Recall, Liability Costs September 28, 2016 By Masatsugu Horie, Craig Trudell and David Welch Takata Corp. and some of the world’s biggest carmakers face an extensive — and expensive — to-do list as they...
Deutsche Bank Sells Insurance Unit to Britain’s Phoenix Group September 28, 2016 By Noor Zainab Hussain and Arno Schuetze Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets...
Merlin Admits Liability; British Court Levies Fine in Rollercoaster Accident September 28, 2016 A British court fined Merlin Entertainments 5 million pounds ($6.5 million) on Tuesday over a rollercoaster crash at its Alton...
Investors Urge Food Giants to Lessen Meat Reliance to Lower Risk September 28, 2016 By Simon Jessop A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies...
Drought Conditions and Low Water Supply Raise Fire Concerns in Rhode Island September 28, 2016 Fire officials in Rhode Island say water sources that continue to dry up amid ongoing drought conditions in southern New...
Pennsylvania Hospital Sued Over Firing of Employees Who Refused Flu Shots September 28, 2016 Federal authorities are suing a Pennsylvania hospital, alleging religious discrimination in the firing of six employees who refused to get...
Pennsylvania’s Henderson Brothers Hires Murphy September 28, 2016 Henderson Brothers Inc., an independent insurance agency based in Pittsburgh, Penn., has hired Christine Murphy as a client consultant in...
Florida Approves 14.5% Workers’ Comp Rate Hike in Response to Court Rulings September 27, 2016 By Amy O'Connor The Florida Office of Insurance Regulation (OIR) has given contingent approval for an overall statewide workers’ compensation rate increase of...
Sierra Specialty Taps Sergeant for Ag/Livestock Marketing September 27, 2016 Sierra Specialty has named Mike Sergeant in marketing in its agri-business department. Sergeant will specialize in marketing ag and livestock...
California Earthquake Authority Sees Surge in New Policies September 27, 2016 The California Earthquake Authority has seen a significant increase in the purchase of CEA policies so far in 2016, according...