Wachovia Bank officials are concerned that a proposed sign to mark Hall of Fame baseball player Ty Cobb’s time in Anniston, Ala., may obstruct the view of motorists. Calhoun County Commissioner Eli Henderson, who proposed putting the marker near the …
A research study, commissioned by Lloyd’s and the Economist Intelligence Unit in 2007, found that “54 percent of business leaders felt that the risk to their company of political violence and terrorist activity would increase over the next five years.” …
Swiss Re announced that it has entered into an agreement to acquire a 25 percent stake in Vietnam’s leading reinsurance provider, Vietnam National Reinsurance Corporation (VinaRe), for VND1.3 trillion (approximately US$79 million), making Swiss Re “the company’s sole foreign strategic …
French reinsurer SCOR SE announced that it has renewed its successful business relationship with the Medical Defence Union Ltd. (MDU), the UK’s leading medical defense organization. MDU was a joint venture partner of Converium AG of Switzerland, which became part …
Dublin-based Research and Markets announced the addition of “South African Insurance Industry Forecast till 2012” to their offering. The report “provides extensive research and in-depth analysis of the insurance sector in South Africa,” said the bulletin. “Detailed analysis supplemented with …
CNinsure Inc., an independent Chinese insurance agency and brokerage company, announced the signing of a definitive agreement to acquire a 60 percent stake in Hubei East Century Insurance Agency Co., Ltd. The transaction is expected to close at the end …
Bermuda-based Endurance Specialty Holdings Ltd. announced that Robert Needle will join the Group, as Executive Vice President Excess Casualty and Professional Lines, subject to approval by the Bermuda Department of Immigration. Michael Fujii, CEO Global Insurance described Needle as “a …
Jurors sided with oil giant BP Corp. North America Inc. Monday in a pollution lawsuit filed by the city of Neodesha seeking to recover the costs of cleanup and damages caused by an oil refinery. Jurors hearing the case in …
The chairman of North Dakota’s workers’ compensation agency has resigned, less than three weeks after his Bottineau County employers requested an investigation of Robert Indvik’s use of county property. Indvik’s resignation from the Workforce Safety and Insurance board takes effect …
First Guard Insurance Co., of Venice, Fla., awarded Birmingham, Ala.-based Baggett Transportation Co., with the “Fleet of the Year” award for 2007. The Fleet of the Year award is presented to the trucking company with the lowest physical damage loss …
