Four of the nation’s biggest microwave popcorn makers, including one in Iowa, are working to remove a flavoring chemical from their products linked to a lung ailment in popcorn plant workers while reassuring consumers about the safety of the snack. …
Policy language that a major insurance company invoked to deny Gulf Coast homeowners’ claims after Hurricane Katrina is at the center of a case that was scheduled for a hearing Sept. 6 in a federal appeals court in New Orleans. …
Texas Mutual Insurance Company recently announced a $985,520 dividend to the Lone Star Auto Dealers Association (LSA) workers’ compensation purchasing group. The group has earned six consecutive dividends totaling more than $2.1 million. Because dividends are based largely on the …
Flooding concerns continue to plague states in the Midwest after the latest round of high winds, tornadoes and heavy rain in late August. Some state officials are seeking federal aid to help homeowners and businesses get back on their feet. …
An insurance company is suing an airline for damage that a prize-winning $1 million Ferrari, owned by the chairman of the city’s public transportation system, sustained while being brought to this country from Switzerland. Damage to the car, a 1959 …
Swiss Re, in conjunction with the Earth Institute at Columbia University and the Millennium Promise Alliance, have developed a new system of weather derivative contracts, providing protecting to several villages in Kenya, Mali and Ethiopia against severe drought. They cover …
Guy Carpenter & Company, LLC has formed a specialized project team to identify a more scientific, practical approach to cargo accumulation modeling. The bulletin said the “new team’s efforts have resulted in the creation of the ‘Guy Carpenter International Trade …
Lloyd’s held its fifth “Annual City Dinner” on Wednesday night, Sept. 5. A cross section of business and government leaders in attendance heard from Lloyd’s Chairman Lord Levene and the Secretary General of NATO Jaap de Hoop Scheffer. In his …
Several defendants being sued by relatives of the 100 people killed in a 2003 Rhode Island nightclub fire have tentatively agreed to a $13.5 million settlement, one of the lawyers for the families told The Associated Press on Wednesday. The …
The New hampshire Legislature voted this week to sustain Gov. John Lynch’s vetoes of three bills, including one that would have restructured the way damages are decided in a civil lawsuit. The House voted 254-65 to sustain the civil lawsuit …