Volkswagen to Recall 11 Million Vehicles for Diesel Fix

Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand to try to move on from the scandal over its cheating on diesel emissions tests. New Chief Executive Matthias Mueller said the German … Read More Read more here:: Insurance Journal       

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Governments Make Pledges on Climate to Curb Temperature Rise – Study

National promises to curb greenhouse gas emissions will help avert the worst levels of global warming by 2100, but more action is needed to keep temperature rises within the 2 degrees Celsius [3.6°F] limit set by governments, a study showed … Read More Read more here:: Insurance Journal       

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Armstrong Settles with Dallas Insurer Over Tour de France Bonuses

Lance Armstrong settled a cycling promotion court fight on confidential terms but still has a lawsuit over a U.S. Postal Service sponsorship to contend with. Armstrong settled two related lawsuits with SCA Promotions Inc. over claims the former champion cyclist’s … Read More Read more here:: Insurance Journal       

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Zurich Canada Issues ‘White Paper’ on Drones & Risk Management

Zurich Canada has released a new white paper on unmanned aircraft systems (UAS), commonly referred to as drones at the Risk and Insurance Management Society (RIMS) Canada Conference in Québec City. Entitled, “Hovering Over Opportunities: Managing risk with drones, and … Read More Read more here:: Insurance Journal       

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Feds: Axle From Duck Boat in Deadly Washington Crash Sheared Off

Federal investigators say the left front axle of a duck boat involved in a deadly Seattle, Wash. accident was sheared off, but they don’t know if it was damaged before the collision with a charter bus that killed four international … Read More Read more here:: Insurance Journal       

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California Gas and Electric Company Seeks to Split Costs on Uninsured Fire

San Diego Gas and Electric is seeking authority to bill its customers $379 million for legal settlement costs left over from 2007 wildfires that destroyed 1,300 homes and killed two people. In filings with state regulators Friday, SDG&E said customers … Read More Read more here:: Insurance Journal       

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Oklahoman Sued for Libel by Wife of ‘Dog the Bounty Hunter’

The wife of reality TV star “Dog the Bounty Hunter” is suing a former Fort Gibson, Okla.-area bondsman for libel. Beth Chapman claims that Lionel “Lenny” Biggers coordinated a “rampage of character attacks” against her on social media. The Tahlequah … Read More Read more here:: Insurance Journal       

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New York Regulator Issues 1st Virtual Currency License to Company

New York State regulators have approved their first license to a company dealing in virtual currency such as bitcoin. Circle Internet Financial has outlined security, capitalization, controls against money laundering and other measures intended to protect consumers and root out … Read More Read more here:: Insurance Journal       

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Planning the Special Event Coverage for Pope’s Philadelphia Visit

By Young Ha Pope Francis’ two-day visit to Philadelphia this weekend, which will close the Holy Father’s six-day apostolic journey to the U.S., has a special event policy in place with W.R. Berkley Corp. and OneBeacon Insurance as lead underwriters, according to a … Read More Read more here:: Insurance Journal       

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