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10, 2015
Hanover CFO Greenfield Dies; CEO Eppinger Assumes Role
Hanover Insurance Group Inc. Chief Financial Officer David Greenfield has died, leading Fred Eppinger, the insurer’s leader for more than a decade, to take on a dual role ahead of his planned departure. Greenfield, 53, died over the weekend after …
19
10, 2015
Apple Ordered to Pay $234M in U. Wisconsin Patent Infringement Case
A U.S. jury has ordered Apple Inc. to pay the University of Wisconsin-Madison’s patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company’s iPhones and iPads without permission. The amount was …
20
10, 2015
Climate Change Adds Billions to U.S. Hurricane Losses: Study
Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges the prevailing scientific view that the rising cost is mainly because more buildings, towns and businesses are in the way. …
19
10, 2015
Oregon Insurance Co-Op Health Republic Closing
Health Republic Insurance, one of two nonprofit insurers created in Oregon under President Barack Obama’s health care law, announced that it is shutting down. Health Republic will continue to pay claims through the rest of the year but won’t sell …
20
10, 2015
South Carolina Issues Emergency Orders to 63 Dam Owners
South Carolina environmental regulators have issued emergency orders to the owners of 63 dams, of which almost half are in Richland County. Officials with the Department of Health and Environmental Control say they assessed 390 dams, issuing emergency orders to …
19
10, 2015
Some Texans Returning to Homes in Fire-Ravaged Area
Firefighters in Central Texas are halfway to controlling a wildfire that’s destroyed dozens of homes, and authorities said on Oct. 17 that enough progress has been made to allow some residents to return to their neighborhoods. The Hidden Pines Fire has …
19
10, 2015
J&J Win in First Trial Against Tylenol Skirts Defective Design Claim
Johnson & Johnson defeated a lawsuit claiming it had improperly designed its Tylenol pain reliever in the first case to go to trial over the link between the widely used over-the-counter drug and liver damage, according to a J&J spokesman. …
19
10, 2015
UN Climate Negotiators in Final Effort before Paris to Achieve ‘Post-Carbon’ Era
Climate negotiators are meeting today in Bonn to take a last crack at a draft plan aimed at nudging the world into a post-carbon era. The five-day gathering marks the final round of United Nations talks before envoys, ministers and …
19
10, 2015
California Woman Blinded in Eye by Flying Disc Settles Suit for $3M
A woman who was blinded in one eye by a flying golf disc at a Southern California park has settled a lawsuit for $3 million. The Daily Breeze of Torrance reported that the settlement involves Noreen Goodbody. She was struck …
19
10, 2015
XL’s Preliminary Loss Estimates for Tianjin-$100M, $30M for Others in Q3
XL Group plc announced that its preliminary loss estimates for the Tianjin disaster and other events in the third quarter of 2015 – pretax and net of reinsurance and reinstatement premium – were as follows: The mid-August 2015 Tianjin, China …