http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Sat, 2 Jun 2012 17:37:48 EST 10 http://businessinsurance.com/article/20120601/NEWS07/120609984 20120601/NEWS07/120609984 HARTFORD, Conn.—Connecticut Gov. Dannel P. Malloy signed new medical marijuana legislation into law Friday that expands its previously permitted use. Fri, 1 Jun 2012 14:44:50 EST http://businessinsurance.com/article/20120601/NEWS04/120609985 20120601/NEWS04/120609985 PEMBROKE, Bermuda—RenaissanceRe Holdings Ltd. on Friday said it would create a new Bermuda reinsurance sidecar to which it will cede a portfolio of Florida hurricane risks during the 2012 hurricane season. Fri, 1 Jun 2012 13:48:22 EST http://businessinsurance.com/article/20120601/NEWS07/120609986 20120601/NEWS07/120609986 The National Labor Relations Board has issued another report on social media policies in which it cites six cases where it contends employers' policies and rules were overbroad and unlawful. Fri, 1 Jun 2012 13:39:15 EST http://businessinsurance.com/article/20120601/NEWS03/120609987 20120601/NEWS03/120609987 DETROIT—In a move to “de-risk” its pension liabilities that is unprecedented in scope, General Motors Co. Fri, 1 Jun 2012 13:30:38 EST http://businessinsurance.com/article/20120601/NEWS05/120609991 20120601/NEWS05/120609991 WASHINGTON—A New Jersey-based information technology staffing company agreed this week to settle a U.S. Department of Justice lawsuit accusing the company of firing an employee for pointing out its allegedly biased hiring practices. Fri, 1 Jun 2012 12:24:13 EST http://businessinsurance.com/article/20120601/NEWS07/120609992 20120601/NEWS07/120609992 NEW YORK (Reuters)—U.S. bank regulators are holding daily, high-level calls to try to understand how a seemingly low-risk unit at JPMorgan Chase & Co. Fri, 1 Jun 2012 12:00:00 EST http://businessinsurance.com/article/20120601/NEWS08/120609993 20120601/NEWS08/120609993 HARRISBURG, Pa.—American International Group Inc. must pay state regulators $146.5 million by the end of June to settle 2006 allegations that its insurers underreported workers compensation premiums over several decades. Fri, 1 Jun 2012 11:48:54 EST http://businessinsurance.com/article/20120601/NEWS07/120609994 20120601/NEWS07/120609994 SAN FRANCISCO (Reuters)—A U.S. judge dismissed Oracle Corp.'s copyright claims against Google Inc. for parts of the Java programming language, knocking out Oracle's prime vehicle for damages in a high stakes legal battle over smartphones. Fri, 1 Jun 2012 11:00:00 EST http://businessinsurance.com/article/20120601/NEWS04/120609995 20120601/NEWS04/120609995 FORT COLLINS, Colo.—The hurricane forecasting team at Colorado State University has increased the number of hurricanes it expects to form in the Atlantic basin this hurricane season to five from the four predicted in April. Fri, 1 Jun 2012 11:36:36 EST http://businessinsurance.com/article/20120601/NEWS07/120609996 20120601/NEWS07/120609996 SAN FRANCISCO—A California construction company has agreed to a civil penalty of $170,000 for illegally dumping fill material into wetlands. Fri, 1 Jun 2012 11:29:20 EST