Check cashing companies in Florida may be saddled with new regulations for their role in facilitating workers’ compensation fraud in the construction industry. Among other things, check cashing companies may have to submit any transactions above $1,000 to a statewide …
Sex industry mogul Harry Mohney has sued an art curator, claiming her faulty appraisal of items he donated to the Erotic Heritage Museum in Las Vegas caused him problems with the IRS. The Las Vegas Sun reports the founder of …
The federal Mine Safety and Health Administration’s continuing crackdown on the coal industry hasn’t deterred the industry’s growth, director Joe Main said Friday. From April 2010 to June 2011, the number of underground mining employees grew by about 11 percent, …
Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the industry’s second worst performance since 2001 and far …
Piracy is costing the global shipping trade more than $9 billion a year, according to Indian ship owners, who on Monday demanded that the U.N. set up a maritime force to halt pirates operating off the Somalian coast in the …
Efforts by the jewelry industry to voluntarily limit the toxic metal cadmium in children’s trinkets are finally coming together. Because the limits are voluntary, there is no automatic penalty if jewelry exceeds them. Federal regulators will, however, use the limits …
The airline industry had a ‘relatively turbulent free start to the third quarter, with losses hitting a five-year low of $794 million,’ according to the latest report from the Aerospace division of Willis Group Holdings. The company’s monthly Airline Insurance …
For years government officials have tested meat for only one strain of E. coli. Now they will test for seven, a move that will hasten recalls of infected meat. The meat industry has been required for 17 years to test …
Warren Buffett’s entry into the bidding for Transatlantic Holdings is drawing fresh attention to the reinsurance industry, which specializes in writing insurance for insurers in a way that frees up those companies to take on more risk. With cheap valuations …