The New Hampshire Compensation Appeals Board (CAB) erred when it ruled that an Anheuser-Busch brewery worker was not entitled to benefits for his asbestos-related lung condition because he had failed to timely notify his employer of his occupational disease. The …
Most thought it was a good idea but nobody said it would be easy. When American International Group (AIG) announced it was going to separate and rebrand its U.S. and foreign insurance operations as an independent entity using the name …
Peachtree City Mayor Harold Logsdon wants to be Georgia insurance commissioner. According to his Web site, Logsdon made his announcement over the weekend at the Fayette County Republican breakfast in Fayetteville. “I believe that life is not about self, but …
Charleston, West Virginia-based City National Bank and its insurance division, CityInsurance Professionals, reported they have acquired two local insurance agencies: the Patton Insurance Agency in Nitro and the Dickens & Clark Insurance Agency in Teays Valley. CityInsurance already has insurance …
Billionaire Warren Buffett on Sunday criticized some life insurers for taking on “crazy” financial risks by selling variable annuities, or retirement products that promised unrealistic guarantees to buyers. The products are tied to stock market performance and in some cases …
American International Group Inc. is expected to post a first-quarter loss Thursday, but the insurer’s results will not trigger a new capital injection from the U.S. government, a source familiar with the matter said Monday. The loss in the first …
The most anticipated climate meeting in years will be held in the Danish capital in December. Out of those talks a broader climate pact to replace the Kyoto Protocol is expected to emerge. But the negotiations leading up to Copenhagen …
The fight against piracy must involve efforts on land and at sea, the U.S. Navy’s top officer said Monday, saying the issue was more complex than just putting arms on commercial ships. “Pirates don’t live at sea. They live ashore. …
A new study by Conning Research and Consulting notes that the “property-casualty industry has been offshoring business processes since the Y2K fixes of the late 1990s, and a combination of continuing expense pressures and expanded service offerings by offshore providers …
Lockton Insurance Brokers LLC and Fireman’s Fund Insurance Co. recently awarded a $9,563 grant to the Redondo Beach, Calif., Fire Department for the purchase of software, which is critical for planning, prevention and mitigation of fire and life-safety issues. “The …
