North Carolina Insurance Commissioner Wayne Goodwin said he will take a voluntary pay cut in line with what Governor Beverly Perdue has ordered for all state employees. All state employees — including those in Goodwn’s department– will absorb a half …
Jennifer Curran could only sit in the pews of her Roman Catholic church over the years and watch as bride after bride — friends, her two sisters — walked down the aisle. Now that her home state of Maine has …
A North Carolina insurance agent has been arrested, charged with twice failing to remit insurance premiums to the insurance company. North Carolina Commissioner Wayne Goodwin reported the arrest of Sherri Efrid, of Davidson. According to the officials, Efrid twice collected …
The New Jersey Senate’s Commerce Committee is in the midst of vetting two key bills that would have significant impact on the Garden State’s insurance industry. One bill would create a create a financial backstop for homeowners in the event …
The Securities and Exchange Commission is considering changing a formula that critics say often allows public companies to low-ball in regulatory filings just how much top executives are paid. At issue is how companies report in a summary compensation table …
A judge on Wednesday approved an agreement that freezes $10 million in assets belonging to the owner of a chimpanzee that mauled a woman. The family of Charla Nash is suing the chimp’s owner, Sandra Herold, for $50 million. Nash …
Aon announced that it has agreed to appoint Euan Nicolson as Head of Upstream & Offshore Construction. He has over 27 years experience in the offshore energy insurance industry, and was most recently leader of Marsh’s upstream and downstream energy …
American International Group, the giant insurer bailed out by the U.S. government, reported its smallest loss in six quarters on Thursday, hurt once more by investment losses and write downs. AIG has lost more than $100 billion over those periods, …
UK companies renewing insurance in the second quarter “could be paying equal or even less premium with just 50 percent of underwriters predicting an increase in property rates,” according to Aon’s Market Pulse. Aon described the finding as a “dramatic …
Syndicate 382 – Hardy Underwriting A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A ‘(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy (Underwriting Agencies) Ltd (HUA). Best also …
