Rail authority to resume talks with Long Island Rail Road workers over benefits
Hoping to avert a labor strike scheduled to begin this weekend, mass transit officials and union representatives in New York City agreed Wednesday to resume negotiations in an ongoing dispute over...
View ArticleU.S. official warns of lawsuit as Bank of America mortgage talks stall
(Reuters) — A U.S. Department of Justice official on Wednesday issued a thinly veiled threat to Bank of America Corp.
View ArticleGM legal department comes under fire at Senate hearing
(Reuters) — General Motors' legal department came under fire in a Senate hearing on Thursday, as lawmakers questioned why the automaker took more than 10 years to recall cars with ignition switch flaws...
View ArticleInsurance industry welcomes Senate approval of seven-year TRIA extension
Insurers and other industry groups are welcoming Thursday's 93-4 Senate vote to extend the federal terrorism insurance backstop for seven years.
View ArticleHurricane Arthur insured losses to stay below $250M: RMS
Catastrophe modeling firm Risk Management Solutions Inc. said on Friday that it estimates that insured losses from Hurricane Arthur will not exceed $250 million.
View ArticleInsurers must pay MBIA's legal costs from restructuring: Court
Lloyd’s of London syndicate underwriters, an American International Group Inc. unit and a German insurer are obligated to pay defense and settlement costs in connection with MBIA Inc.
View ArticleCDC’s recent mishandling of deadly viruses highlights need for focus on...
Testimony to Congress last week by the head of the U.S.
View ArticleRJ Reynolds' $23B punitive damage award not expected to stand
(Reuters) — A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Co.
View ArticleBNP case spurs calls for whistleblower incentives in banking
(Reuters) — BNP Paribas S.A.'s $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who...
View ArticleYum, McDonald's apologize as new China food scandal brews
(Reuters) – McDonald's Corp. and Yum Brands Inc are facing a new food safety scare in China, denting the fast food restaurants' efforts to shore up reputations and businesses that were hurt by a 2012...
View ArticleZurich white paper focuses on solar panel fire, structural risks
Risk managers need be aware of the variety of risks and challenges presented by the installation of photovoltaic solar panel systems on commercial buildings, Zurich North America said on Monday.
View ArticleOSHA cites Omaha feed company for fatal plant collapse
The U.S. Occupational Safety and Health Administration has cited an Omaha, Nebraska-based livestock feed manufacturer for multiple federal safety and health violations following a deadly partial...
View ArticleBoth House, Senate TRIA bills, place more liability on insurers: Report
While bills introduced in the U.S. Senate and House of Representatives to extend the federal terrorism backstop mark progress towards that goal, both would raise the insurance industry’s liability...
View ArticleAlabama health system, doctors group settle whistleblower kickback case for...
An Alabama health system and a physicians group have reached a $24.
View ArticleChina food scandal spreads, drags in Starbucks, Burger King and McNuggets in...
(Reuters) — The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc. and others, as well as McDonald's products as far away as Japan.
View ArticleGuide covers noncompete and trade secrets laws for all 50 states
Chicago-based law firm Seyfarth Shaw has released a guide to the 50 states’ noncompete and trade secrets laws.
View ArticleHarley-Davidson, a U.S. icon, highlights offshoring's perils
(Reuters) — U.S. motorcycle maker Harley-Davidson Inc. came late to the offshoring game.
View ArticleHacking experts build device to protect cars from cyber attacks
(Reuters) — Two security experts who a year ago exposed methods for hacking the Toyota Prius and Ford Escape say they have developed technology that would keep automobiles safe from cyber attacks.
View ArticleAscent Underwriting increases limits on medical billings liability coverage
Specialist managing general agent Ascent Underwriting L.L.P. on Wednesday said it has increased the limits on its CyberPro medical billings errors and omissions product up to $5 million.
View ArticleGoodwill unit settles charges it retaliated against worker who testified in...
Goodwill Industries of Southwest Oklahoma & North Texas Inc. has agreed to pay $100,000 to settle a U.S.
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