Companies News

Report: 85% of Companies Report a Supply Chain Disruption

According to a newly published survey by Zurich Financial Services Group, 85% of companies reported at least one supply chain disruption over the last 12 months. Respondents to the survey, sponsored by Zurich and conducted by the Business Continuity Institute …

Security Firm: Hackers Hit Chemical Companies

Cyber attacks traced to China targeted at least 48 chemical and military-related companies in an effort to steal technical secrets, a U.S. computer security company said Tuesday, adding to complaints about pervasive Internet crime linked to this country. The targets …

Nevada Jury Orders Drug Firms to Pay $162M in Hepatitis C Case

A Nevada jury is ordering pharmaceutical companies to pay $162.5 million in punitive damages in a lawsuit stemming from a Las Vegas hepatitis C outbreak in 2008. The damages awarded Monday in Clark County District Court are on top of …

Nationwide and Harleysville Combine

Nationwide Mutual Insurance Company and Harleysville Mutual Insurance Company and Harleysville Group Inc. today announced they have entered into an agreement under which Harleysville will combine with Nationwide. Under the terms of the agreement, Harleysville Mutual policyholders will become policyholders …

Insurance Firms Waive Connecticut Hurricane Deductibles

Connecticut officials have announced that several more insurance companies have agreed to waive higher-cost hurricane deductibles for coastal property owners whose homes were damaged by Tropical Storm Irene. Gov. Dannel P. Malloy and Insurance Commissioner Thomas B. Leonardi announced Tuesday …

10 Companies Recall Fuel Gel for Firepots

Ten companies are recalling 2 million bottles and jugs of the gel fuel used in outdoor decorations known as firepots because of the risk of serious burns. The Consumer Product Safety Commission says the gel fuel has been linked to …

DOT Outlines New Bus Safety Measures

It would be harder for tour bus companies to win permission to operate and easier for the government to put rogue operators out of business under a series of bus safety steps announced Thursday by Transportation Secretary Ray LaHood. Other …