July 21, 2008
The Willis Building, a landmark new London headquarters for global insurance broker Willis Group Holdings, will be officially opened today, July 21, by His Royal Highness, The Duke of York, otherwise known as Prince Andrew. Designed by Foster + Partners, …
July 21, 2008
Dow Chemicals Co.’s plan to give West Virginia University 58 acres of South Charleston real estate and lab space valued at $25 million has fallen through. Dow’s Union Carbide subsidiary blamed the cancellation on insurance problems in a statement issued …
July 21, 2008
An insurance agency owner charged with killing a North Carolina Department of Insurance employee investigating his business won’t face the death penalty, prosecutors said. Prosecutors didn’t explain the July 17 decision revealed during a court hearing for Michael Howell, 40, …
July 21, 2008
Connecticut-based Darwin Professional Underwriters, Inc. is offering insurance coverage for health care organizations, financial institutions, and other businesses that utilize data as part of their daily business practices. Darwin’s Privacy//403 product offers data privacy and network security liability protection, targeting …
July 21, 2008
Johnson & Johnson last Thursday won a lawsuit brought by the family of an 11-year-old girl who became blind after using the drug Children’s Motrin in 2003. The painkiller is made by Johnson & Johnson’s McNeil consumer healthcare unit. The …
July 21, 2008
American International Group Inc. said Friday in a regulatory filing that it will pay new Chief Executive Robert Willumstad a base salary of $1 million, and also set lucrative annual bonus and incentive pay targets. AIG named Willumstad to the …
July 21, 2008
Traffic fatalities in Maine this July are on pace to be among the highest on record. Seventeen people lost their lives on the state’s roads as of Friday, July 18, an average of about one death a day. Spokesman Stephen …
July 21, 2008
John and Anne Darwin were in trouble. Of that there is no doubt. But their plan for putting things right went extraordinarily wrong. Swamped by money problems and facing ruin, John Darwin cooked up a novel scheme early in 2002. …
July 21, 2008
Erie Insurance Group is welcoming the first chief executive officer to come from outside the company in its 83-year history. Terrence Cavanaugh takes over as president and CEO of Erie Insurance on July 29. He will be the company’s eighth …
July 21, 2008
Meadowbrook Insurance Group, Inc., a Southfield, Michigan-based specialty property/casualty insurance holding company, recently announced that Sheri Foster has been promoted to senior actuarial pricing analyst in the Kansas City branch office located in Overland Park, Kan. Paul Johnson, Meadowbrook vice …