Margin compression and continued pricing erosion will put increasing pressure on the insurance industry to achieve top line objectives in 2008, according to industry analysts. “With pricing becoming increasingly softer, leadership is going to become all the more important in …
Alabama residents of Lamar and Pickens counties may be eligible for federal assistance resulting from the severe storms and tornadoes that passed through the area on Jan. 10. These counties are eligible because they are contiguous to one or more …
Following up on its Stoneridge ruling on Tuesday in which it limited investor lawsuits, the U.S. Supreme Court rejected a bid by former Enron investors to recover as much as $40 billion from investment banks associated with that failed energy …
Ty Inc., in a challenge of Illinois’ law governing lead in toys, is refusing to pull a popular, but tainted, doll from store shelves across the state. Illinois authorities thought they had agreed last December with Ty to have the …
J. Scott Penny, regional executive vice president of Brown & Brown, Inc., and James “Jim” Peabody, president of Smith-Peabody-Stiles Insurance Agency, Inc., with offices in Fenton and Brighton, Mich., today announced the asset acquisition of Smith-Peabody-Stiles Insurance Agency, Inc. by …
New Zealand Trade Minister Phil Goff said this week he’s hopeful China and New Zealand have completed formal talks to finalize a free trade agreement between the two states — the first such deal by China with an advanced economy. …
A major Chinese insurer has announced plans to raise up to $22 billion (euro15.0 billion) for acquisitions at a time when U.S. and European banks, battered by mortgage losses, want infusions of Asian capital to replenish their balance sheets. Ping …
The Pakistan Cricket Board has taken out insurance cover to meet possible financial losses should Australia pull out of its scheduled tour starting March due to security fears. “We have insured the series with a company in Britain on a …
Firefighters said they evacuated hundreds of people Monday from homes and businesses in flood-hit areas in northern England. About 60 homes were flooded near Huddersfield, 190 miles (305 kilometers) northwest of London, West Yorkshire Fire and Rescue Service said. In …
Former North Dakota Insurance Commissioner Jim Poolman was surprised last week to read about his death. A recent issue of the political consultants’ trade magazine Campaigns and Elections reported that Adam Hamm had been appointed to fill out the term …
