The man who has led the Missouri Department of Insurance since Gov. Matt Blunt took office in January 2005 announced on Tuesday his planned retirement. Dale Finke served as director for the past two years while the department gained responsibility …
Democrat Alex Sink broke the Republican hold on the state’s executive branch Tuesday when she was sworn in as Florida’ chief financial officer. Sink, a former banking executive, and newly elected Attorney General Bill McCollum joined holdover Agriculture Commissioner Charles …
Vietnam’s prime minister has approved a list of 71 major state-owned enterprises, including Vietnam Insurance Corp., that will be partially privatized between now and the year 2010, the government said this week. The decision, made last week but just announced, …
U.S. German car maker DaimlerChrysler AG has reached an agreement with insurers over their contribution to a $300 million settlement of an investor lawsuit over the 1998 merger that created the company, a spokesman said. Thomas Froehlich, a spokesman for …
Massachusetts residents who don’t have health insurance and don’t make a lot of money can enroll in a new state health plan that requires them to pay monthly premiums on a sliding scale based on their income. Richard Powers, spokesman …
The St. Paul Travelers insurance company has agreed to stop paying “contingent commissions” to brokers and agents, according to Connecticut Attorney General Richard Blumenthal. In August, St. Paul Travelers, which is based in St. Paul, Minn., settled a bid-rigging investigation …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and financial strength ratings on Switzerland’s Winterthur Swiss Insurance Co. by two notches to “A+” from “A-“, following the completion of the acquisition by France’s AXA Group. S&P rates …
Swiss Re announced that it’s offering a rebate of up to CHF 5000 ($4058) to each of its employees who commit to reducing “her or his personal carbon footprint.” Swiss Re said: “The ‘COyou2 reduce and gain’ programmed supports employees’ …
The UK’s Weather Service, The Met Office Hadley Centre, in conjunction with the University of East Anglia, is forecasting average global temperature increases of 0.54°C (0.972°F) above the long-term (1961-1990) average of 14.0 °C (57.2°F) for 2007. “There is a …
Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd. announced that its London-based subsidiary, Assured Guaranty (UK) Ltd., has appointed Craig Lee as Managing Director, Asia Pacific, “responsible for developing Assured Guaranty’s business in the Asia Pacific and Australian region.” …
