Editor's Choice Stories: January 10, 2012

New Hire Will Mine AIG Data (Wall Street Journal)

Chartis' new chief science officer Murli Buluswar hope to improve loss forecasts, reduce costs and devise more accurate pricing for insurance policies.

Related Coverage EU Demand for Road Map to Climate Treaty Complicates Talks (Bloomberg Businessweek) (11/28/11) Supreme Court to Decide Whether Lawsuits Require Harm (Yahoo! News) (11/28/11) Merck Pleads Guilty, Agrees to Pay $950 Million in Vioxx Case (Forbes) (11/28/11) GM to Offer Free Loaner Cars to Volt Owners During Safety Probe (Chicago Tribune) (11/28/11) Oklahoma Gets String of Mild Earthquakes (New York Times) (11/28/11) Drunk Kicks, Punches and Urinates on $40 Million Painting (Daily Mail)

The 36-year-old woman damaged the Clyfford Still painting at a museum in Denver.

Prescription Pill Addicts Pose Violence Risk to Pharmacies (New York Times)

"I just want to get out of here alive" said one pharmacist.

Japan Plans Age Limits, Tougher Tests for Nuclear Plants (Wall Street Journal)

After the Fukushima disaster, Japan plans much more stringent tests for nuclear plants.

Oddly Mild Winter Leaves Much of U.S. on Thin Ice (Laredo Sun)

The mild weather has hurt business for ski resorts while partially frozen lakes pose risks to hockey players and ice fisherman.

January 10, 2012

Copyright 2012© LRP Publications

                     

View the Original article

Editor's Choice Stories: January 17, 2012

Zappos Hacked, Data for 24 Million Customers Exposed (CNN Money)

The massive security breach at the popular internet shoe store compromised customer names, email addresses, phone numbers and the last four digits of their credit cards.

Related Coverage EU Demand for Road Map to Climate Treaty Complicates Talks (Bloomberg Businessweek) (11/28/11) Supreme Court to Decide Whether Lawsuits Require Harm (Yahoo! News) (11/28/11) Merck Pleads Guilty, Agrees to Pay $950 Million in Vioxx Case (Forbes) (11/28/11) GM to Offer Free Loaner Cars to Volt Owners During Safety Probe (Chicago Tribune) (11/28/11) Oklahoma Gets String of Mild Earthquakes (New York Times) (11/28/11)

Russian Spacecraft Crashes to Earth (USA Today)

The $170 million craft was one of the heaviest and most toxic pieces of space junk ever to crash to Earth.

Manson Insurance Officials Ordered to Pay $5.2 Million After Fraud Convictions (Wausau Daily Herald)

Former Manson CEO David Scholfield and former company Treasurer Susan Brockman were also sentenced to six months in prison in December.

Novartis Recalls Excedrin, Gas-X and Other Popular Brands (Bloomberg Businessweek)

With stray tablets from other products appearing in the over-the-counter medicines, along with broken tablets, Novartis conducted a voluntary recall that could cost the company as much as $750 million.

Aon: Global Economies Face $435 Billion Natural Disaster Legacy from 2011 (PR Newswire)

With 253 seperate natural disaster events generating $435 billion in damage, 2011 was one of the worst years on record.

Aon Moves Corporate Headquarters to London (Washington Post)

The company sites improved access to emerging markets, increased financial flexibility and proximity to Lloyds as reasons for the move.

January 17, 2012

Copyright 2012© LRP Publications

                     

View the Original article

Editor's Choice Stories: January 24, 2012

Strongest Solar Storm Since 2005 Hitting Earth (Yahoo! News)

The sun is bombarding Earth with radiation from the biggest solar storm in more than six years with more to come from the fast-moving eruption.

Related Coverage Target Markets Survey Shines Light on Programs Coverage (11/02/11) Lighter Headwinds Buffet Brokers in Third Quarter (11/03/11) Honoring Worker Safety and Injury Prevention (11/01/11) 12 Executives to Watch in 2012 (12/01/11) Consumed With Risk (12/01/11) Obama Rejects Pipeline from Canada to Texas (USA Today)

Although the issue may be far from over, President Obama rejected the Keystone XL pipeline.

BP May Double Oil Spill Pay-Out (Financial Times)

BP may agree to pay up to $25 billion to settle all charges, including possible criminal charges, with the U.S. government over the devastating Gulf of Mexico spill, according to an analyst at Morgan Stanley, double the figure the company has set aside.

Safety Probe Clears Chevy Volt (Wall St. Journal)

In the wake of battery fires, GM will voluntarily repair existing and new vehicles.

Swiss Re Names Michel Lies CEO (Bloomberg Businessweek)

Swiss Re Ltd. the world's second-largest reinsurer, promoted Michel Lies to succeed Stefan Lippe as chief executive officer from next month.

January 24, 2012

Copyright 2012© LRP Publications

                     

View the Original article