Florida Supreme Court Nixes Pre-Surgery Damages Clause without Concession June 27, 2013 The Florida Supreme Court has ruled unenforceable a doctor’s financial and arbitration agreement with a patient prior to surgery because...
FEMA Boosts Aid to New Jersey Towns Hit by Sandy June 27, 2013 The Federal Emergency Management Agency has OK’d a plan to boost aid to New Jersey towns hit hard by Superstorm...
Greenberg’s $25B Suit Against Government Over AIG Bailout Can Proceed June 27, 2013 By Andrew Zajac Maurice “Hank” Greenberg can continue his $25 billion lawsuit against the U.S. over losses from the bailout of his former...
Global Banks Will Screen for Terrorism Links Under Basel Plan June 27, 2013 By Ben Moshinsky and Jim Brunsden Global banks will have to vet all customers for terrorism links as part of a crackdown on money laundering and...
Canada Seeks $1B Clean-Up Fund by Major Oil Pipelines June 27, 2013 Companies operating major crude oil pipelines in Canada will be required to have C$1 billion ($954.97 million) available to fund...
AIR Model Estimates Pandemic Flu Losses June 27, 2013 Catastrophe risk modeling firm AIR Worldwide (AIR) has released a Pandemic Flu Model, which it says captures the excess morbidity,...
Wal-Mart, Gap, Other U.S. Brands Ready $50M Bangladesh Safety Fund: WSJ June 27, 2013 By Lindsey Rupp Gap Inc. and Wal-Mart Stores Inc. are among U.S. retailers finalizing an agreement to establish a $50 million, five-year fund...
Louisiana Plant Owner Says Insurance Will Cover Loss from Explosion June 27, 2013 By Mike Lee Williams Cos., the owner of a Louisiana chemical plant that remains shut after a fatal explosion, said insurance will cover...
Hartford to Sell U.K. Variable Annuity Business to Berkshire June 27, 2013 By Steve Dickson Hartford Financial Services Group Inc. agreed to sell its U.K. variable-annuity business to Berkshire Hathaway Inc. for about $285 million...
Australian Safety Regulator Faults Rolls-Royce over Qantas Engine Explosion June 27, 2013 By Siva Govindasamy and James Regan Rolls-Royce Plc repeatedly failed to identify a defect that caused one of its engines to explode on a Qantas Airways...