Daughter’s Facebook Post on Settlement Costs Father $80,000 March 5, 2014 A Florida teenager’s Facebook post has cost her father an $80,000 legal settlement. The father sued Miami’s Gulliver Preparatory School...
Sinkhole Swallows Atlanta Fire Engine March 5, 2014 Atlanta, Ga., fire officials say a ladder truck was damaged when its back wheels were swallowed by a sinkhole. Department...
Winter Losses Not Expected to Have P/C Insurer Ratings Impact: Fitch March 4, 2014 Severe winter weather is causing large losses for property/casualty insurance companies in early 2014, however there should be no rating...
Court Rejects BP Appeal of Gulf Oil Spill Settlement Terms March 4, 2014 By Laurel Brubaker Calkins and Jef Feeley BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill,...
Bitcoin Exchange Considers Filing a Criminal Complaint After Breach March 4, 2014 By YURI KAGEYAMA The Tokyo bitcoin exchange that filed for bankruptcy protection blamed theft through hacking for its losses Monday, and said it...
Buffett Doesn’t Think Climate Change Causing More Disasters March 4, 2014 Warren Buffett says the rate of disasters that Berkshire Hathaway’s insurance companies see hasn’t changed because of extreme weather. Buffett...
Sporting Goods Company CEO Posed as Rival Exec to Get Secrets March 4, 2014 The CEO of a sporting goods chain who once appeared on the TV show “Undercover Boss” pretended to be an...
Maryland Spending $500K to Boost Bay Bridge Safety March 4, 2014 Maryland Transportation Authority officials say they will spend $500,000 on signs to improve safety on the Bay Bridge before the...
University of Nevada Expands Earthquake Lab March 4, 2014 There’s a whole lot of shakin’ going on at the University of Nevada, Reno. UNR’s seismic simulation facility became the...
Texas Seeks Comments on Rule Extending Time to File Windstorm Claims March 4, 2014 The Texas Department of Insurance is seeking informal comments on a draft rule outlining how a policyholder with the Texas...