Monthly Archives: <span>September 2013</span>

Yale Crash Victim’s Family Settles Lawsuit

The family of one of four Yale University students killed in a 2003 crash on Interstate 95 in Connecticut has settled a negligence lawsuit against the Delta Kappa Epsilon fraternity. The lawsuit filed in 2005 by the family of Nicholas …

XL Group Says Germany, France Hailstorms to Cost $60 Million

XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, said July hailstorms in Germany and France cost the company about $60-million before tax. Most of the losses were in the reinsurance segment, Dublin- based XL said today …

U.S. Regulator Said to Look Other Way on Unsafe Mexican Trucks

Regulators determined to let Mexican trucks on U.S. roads under a trade deal have downplayed safety shortcomings with companies in a border-crossing pilot program, according to safety, trucking and labor groups. Trucking authorities violated their own rules by letting one …

Global Warming Slows as Fossil Fuel Emissions Rise to Record

Global warming has slowed since 1998 even though humans spewing ever more greenhouse gases are almost certainly to blame for damaging the atmosphere. That’s according to a 36-page summary of a report from a United Nations panel released in Stockholm …

BP Battles for Billions in New Gulf Trial Phase

BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its …

Wildfires of the Future Will Burn Bigger, Last Longer and Produce Twice as Much Smoke

Research by environmental scientists at the Harvard School of Engineering and Applied Sciences (SEAS) brings bad news to the western United States, where firefighters are currently battling dozens of fires in at least 11 states. The Harvard team’s study suggests …

P/C Insurance Policies Confusing and Complicated to Consumers: Nationwide Survey

Most insurance policyholders would prefer to have a simple explanation of their insurance policy in terms they can understand and have policy details explained in a brief, one-page summary, according to survey results released by Nationwide Insurance. When asked to …

IIHS Issues First Ratings After New Frontal Crash Prevention Technologies Tests

A new test program by the Insurance Institute for Highway Safety (IIHS) rates the performance of front crash prevention systems to help consumers decide which features to consider and encourage automakers to speed adoption of the technology. The rating system …

LexisNexis: FBI Probing ‘Intrusion’ Targeting Data

The Federal Bureau of Investigation is probing an “intrusion” targeting data at LexisNexis, one of the nation’s largest collectors of information about people and businesses, a company spokesman said. Along with the FBI, outside forensic investors are also working with …

Workers’ Comp Costs Could Rise for Missouri Businesses

Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled workers. Workers’ compensation insurers in Missouri are likely to …