A leading insurance company in Guyana says it has lost nearly $1.5 million in pension funds after investing with Texas financier R. Allen Stanford. Spokesman Hewley Nelson says the “Hand in Hand” company began investing money with Stanford Financial Group …
Willis Group Holdings has announced a series of international appointments in Willis Global Placement, its newly formed entity that co-ordinates worldwide placement strategy for the benefit of Willis clients. The company announced the following appointments: · Nigel Roberts is appointed …
A proposal to temporarily restrict access to traffic-accident reports that’s working its way through Arkansas’ Legislature has raised concerns from at least one opponent that it could open the state up to a legal challenge. The state Senate recently approved …
Galveston, Texas-based American National Insurance Company announced a fourth quarter 2008 net loss of $34,564,000, compared to net income of $53,332,000 for the same period in 2007. Other-than-temporary impairments of security investments totaling $60,277,000 after tax were the primary reason …
From ice storms to tornadoes, from floods to wildfires, Oklahoma has amassed $21 million in disaster debt the past two years while enduring a record number of deadly catastrophes that have destroyed roads, bridges and other public facilities, paralyzing communities …
President Barack Obama has extended the federal office of Gulf Coast rebuilding, calling it a “first step of a sustained commitment by my administration to rebuild now, stronger than ever.” Obama also announced plans to send his Homeland Security Secretary, …
A Texas woman whose son was killed when a helicopter headed to an oil platform crashed in the Gulf of Mexico is suing two companies in the death. Gayle Spikes filed a lawsuit against helicopter transportation company Rotorcraft Leasing Co. …
The widow of a man killed during a cave-in at Revett Minerals’ copper and silver mine in Montana has filed a lawsuit against the company, seeking $18 million in compensatory and punitive damages. Tammy Ivins served the lawsuit in February, …
Citizens Insurance Co. of America, through its parent company’s foundation, The Hanover Insurance Group Foundation, Inc., has awarded 11 scholarships to public high school students and children of employees in its home community of Howell, Michigan, and in several nearby …
Chris Pope has joined AmWINS Insurance Brokerage of California’s Santa Ana office as vice president and casualty broker. He has experience in the wholesale brokerage industry, with 20 years of developing expertise in the areas of construction, product liability, and …
