The Kazakh unit of AIG said on Tuesday it had no intention of selling its insurance business in the Central Asian state. On Monday, Kazakhstan’s No.1 insurer Eurasia said it had made a formal offer to buy the Kazakh unit …
The mining company faulted for a cave-in that killed six miners in 2007 says it has no position on a worker’s compensation claim filed by the family of one of the victims. Genwal Resources Inc., a subsidiary of Ohio-based Murray …
Dirt bikes, snowmobiles and all-terrain vehicles will be allowed on most city streets in Providence, Utah. The city council has approved the new ordinance, which will go into effect in October. Drivers of off-highway vehicles will still have to obey …
California Insurance Commissioner Steve Poizner and Washington Commissioner Mike Kreidler reaffirmed that insurance companies owned by AIG continue to have the risk-based capital needed to operateand warned policyholders of AIG-owned insurance companies to beware of possible cancellation costs if they …
California Gov. Arnold Schwarzenegger has signed AB 2150 by Assemblymember Patty Berg that helps protect consumers by preventing the financial abuse of seniors. AB 2150 provides that insurance agents and brokers may not use a “senior” designation in the course …
Florida Gov. Charlie Crist appointed three new members to state-backed Citizens Property Insurance Corp. Mission Review Task Force. The following members will serve a term that began on Sept. 29 and will run through March 31, 2009: ·G. Bruce Douglas, …
Woodbury, NY, September 30 2008 – Access General Agency (AGA), the leading provider of homeowners insurance solutions to independent brokers in the United States, has launched a brand new fully-interactive web site today. The site, www.accessgen.com, is designed in direct …
Wells Fargo Insurance Services Inc. has added Alan Boring as a senior vice president and sales executive in the Southern California region. Boring will specialize in upper middle market and large risk management accounts, with an emphasis on agriculture, food …
Reducing farm accidents, specifically those involving young people, is the goal of a two-year federal grant awarded to the West Virginia University Extension Service. The $221,000 grant from the U.S. Department of Agriculture is for the Youth Safe Farm program. …
U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as the world credit crisis claimed more banks. By a vote of 228-to-205 the House rejected a compromise plan …
