The Coalition for Competitive Insurance Rates, which groups a number of organizations that oppose to the latest attempt to amend U.S. tax laws on foreign insurers, has issued a bulletin outlining the reasons why they oppose recently introduced legislation. They …
China’s CNinsure Inc. announced that its commissions and fee revenues from its P&C insurance business is “expected to decline slightly due to the implementation of a new Working Scheme on Further Regulating the P&C Insurance Market,” issued by the China …
Zurich Financial Services Group announced the launch of its new global brand campaign – Zurich HelpPoint worldwide. The bulletin said the new initiative is the result of “extensive research to even better understand insurance customers’ wants and needs. The campaign …
The head of the Singapore unit of troubled insurance giant American International Group Inc. resigned Friday after 14 years with the company. Mark O’Dell, general manager of AIA Singapore, has left and Executive Vice President Kenneth Juneau will take over …
Wyoming lawmakers are discussing several possible changes to the state’s workers’ compensation program amid complaints about the system. One proposal is to hire an ombudsman to help workers get any assistance they need. Another proposal would address mental health care. …
The company that employed the engineer blamed for the deadly Metrolink train collision faces a class-action lawsuit by two of its workers for allegedly not giving employees proper rest breaks, overtime and other benefits. Veolia Transportation Inc. has been under …
Washington Insurance Commissioner Mike Kreidler announced that his office has approved the acquisition of the Safeco Group by the Liberty Mutual Group for $6.2 billion. Liberty Mutual has indicated that Safeco will keep its name, will remain headquartered in Seattle …
The top executive of a Utah-based children’s charity has resigned, the same day he was in court on felony charges related to his insurance business. James Larry Hall II was president and CEO of Children’s Miracle Network, which raises money …
Officials of the Wakpa Sica (WAHK’-pah SEECH’-uh) Reconciliation Place on the outskirts of Fort Pierre, South Dakota will spend this fall and winter repairing teepees that were damaged by a summer storm. Hail, high winds and heavy rains on July …
Marion County, Indiana prosecutors say a company that offered to inspect roofs for hail damage after a 2006 storm tried to scam insurance companies by having employees damage roofs. Prosecutors say CPM Construction offered free wind- or hail-damage inspections to …
