Florida Cat Fund Has $13 Billion As Hurricane Season Starts May 16, 2014 By Gary Fineout Florida is heading into hurricane season with good news. The state-created fund that backs up private insurers in Florida appears...
Mass. AG Coakley Sues Drywall Company for Allegedly Misclassifying Workers May 16, 2014 A New Hampshire drywall company and its owner have been sued for allegedly misclassifying employees as independent contractors, Massachusetts Attorney...
Judge Grants Dow Jones Injunction Against ‘Hot News’ User of Its Content May 16, 2014 By Jonathan Stempel Dow Jones & Co has won a court order to stop the London-based service Ransquawk from broadcasting its news content...
United Insurance to Acquire Florida’s Sunshine State Insurance May 16, 2014 United Insurance Holdings Corp. (UPC) has agreed to acquire 100 percent of Sunshine State Insurance Co. (SSIC), a Florida domiciled...
Kentucky Public Protection Secretary Vance to Retire May 16, 2014 Kentucky Public Protection Secretary Bob Vance said he is retiring May 31. Gov. Steve Beshear said his chief of staff,...
Lower Cat Losses Helped Home Insurers to First Profit Since 2007: SNL May 16, 2014 The U.S. homeowners insurance industry benefited from lower catastrophe activity in 2013 and became profitable for the first time since...
Actuaries Grapple with Insurance Questions on Self-Driving Cars May 16, 2014 By Casualty Actuarial Society The car of the future is pictured in an imagined scene in a 1950s science magazine. The illustration depicts a...
Protests Damaging Vietnam Industrial Zones Raise Investor Concerns May 16, 2014 By Nguyen Phuong Linh and Michael Gold Dexter Hsu spent Tuesday night barricaded inside his workers’ dormitory in Vietnam’s Binh Duong province. Tables were stacked up against...
Report Cites Crops Most Vulnerable to El Nino May 16, 2014 By Alister Doyle and Environmental Correspondent The El Nino weather phenomenon that is likely to strike this year will damage world maize, rice and wheat yields...
Carmakers, Regulators Looking Into Flaws in Air Bag Technology May 16, 2014 By Jeff Green, Jeff Plungis and Patrick G. Lee When Ford Motor Co. recalled 600,000 sport-utility vehicles last week, it became the fourth carmaker this year to acknowledge an...