Marsh & McLennan Cos. Inc., the New York-based insurance broker and consulting firm, has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid rigging, price fixing and receiving kickbacks. State Attorney General Richard Blumenthal …
Most countries are ready to finish the long-running Doha round of world trade talks, but all bets are off until the Obama administration determines how to proceed, a group of visiting diplomats from developing nations said Thursday. The administration of …
Jeff Ward, a director of London Market reform technology specialists TriSystems, has been working in the field of technology, information processing and insurance for more than 20 years. But even he admits that it’s not easy to pin down all …
States with higher gun ownership rates and weak gun laws have the highest rates of gun death according to analysis by the Violence Policy Center of just-revealed 2006 national data (the most recent available) from the federal Centers for Disease …
American International Group, Inc. (AIG) today reported a net loss for the first quarter of 2009 of $4.35 billion compared to a net loss of $7.81 billion in the first quarter of 2008. The loss was less than the $5 …
MetLife Home & Auto has added two sales managers to it staff in California. San Juan Capistrano, calif., resident Ken Potter is regional sales manager, overseeing the company’s growth plans in Orange County. Sacramento, Calif., resident Ken Nigohosian is regional …
A Houma, La., area insurance agent has been served with a cease and desist order, notice of license revocation and $5,000 fine for alleged misappropriation of premiums, the Louisiana Department of Insurance announced. Al Patrick Boudreaux, Jr., 27, is alleged …
Hurricane season is just weeks away, but many south Louisiana parishes cannot show their disaster plans cover evacuation of at-risk populations such as the disabled, the homeless and the elderly, according to the Disaster Accountability Project, a student-led watchdog group. …
Standard & Poor’s Ratings Services has said that its ratings and outlook on German global reinsurer Munich Reinsurance Co. (‘AA-‘/Stable/–) and core related entities) are unaffected by the Group’s first-quarter 2009 earnings announcement. “Munich Re’s net income for the first …
Missouri has become the latest state to join a national movement in requiring cigarettes to be self-extinguishing. The Missouri House voted 137-16 on May 5 to give final approval to legislation that requires the special type of cigarettes starting in …
