Bermuda’s XL Capital Ltd. has experienced some major financial difficulties lately in its investment and financial reinsurance activities. As a result the Company announced today that it “expects to record net income for the full-year 2007 of $200 million to …
The insurance industry should not be allowed to thumb their nose at regulators and lawmakers, an expert told a Florida Senate panel Tuesday. J. Robert Hunter, an actuary who has spent 45 years in the business, testified there was no …
Investigators have determined arson was to blame for a fire that destroyed a church near Clanton, Ala., last month, but they don’t know if the blaze was linked to one set a week later at another church in the same …
China’s senior safety inspector has called on people and the media to expose workplace accidents in a bid to use public pressure to ferret out the corruption and official misdeeds aggravating the country’s high rate of work deaths. Li Yizhong, …
January 24, 2008 – Newtown, PA. Alternative risk broker and consultant Self-Funded Alternatives has developed an educational seminar on self-insuring workers’ compensation exposures. The seminar has been approved for CE credits in several states. The class explains the self-insurance process …
The main management consultant and contractor on Boston’s $15 billion Central Artery/Tunnel Project (Big Dig) has agreed to pay more than $407 million to resolve civil and criminal liabilities in connection with the partial ceiling collapse and other defects in …
Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …
A Bernalillo County, N.M., grand jury has indicted an Albuquerque insurance agent on multiple charges of insurance fraud, embezzlement and racketeering. Jorge Gimenez, 58, was being held in the Bernalillo County Metropolitan Detention Center under $50,000 bond. The state Public …
A proposal to allow for domestic partnerships is advancing to the New Mexico House for consideration. Gov. Bill Richardson supports the measure to give unmarried couples — homosexual or heterosexual — the same legal protections and benefits as married couples. …
Though Oregon has one of the nation’s most generous sick child leave laws, many working parents don’t use it. Under the Oregon Family Leave Act, parents may stay home with a sick child — unpaid — without losing their job. …
