Police and fire investigators say a sixth arson has been reported in Pittsburgh’s Sheraden neighborhood. Police have no suspects in any of the fires, which have occurred in about the last two weeks. The latest fire started in a garage …
A retired Pennsylvania Superior Court judge will not forfeit his $82,000 annual pension for the insurance fraud that landed him in federal prison for 46 months. That’s because the Pennsylvania State Employees’ Retirement System has determined judge Michael Joyce’s $440,000 …
AIU Holdings’ Global Marine and Energy Division has introduced new coverages for yachts valued at over $2 million. The additional suite of solutions is available to boat and yacht owners, crews, passengers and vessels. They include personal concierge services, worldwide …
Allianz Global Corporate & Specialty (AGCS), a leading insurer of ships and cargo, has released a study suggesting its clients adapt their approach to marine insurance as the threat of piracy off the Horn of Africa continues to grow. The …
North Carolina has become the seventh state to pass a ban this year on texting while driving. So how did Gov. Beverly Perdue get the word out? She had an aide send a text message announcing the governor has signed …
Reinsurance company IPC Holdings Ltd said Tuesday it has held talks with suitor Validus Holdings Ltd but it has also solicited takeover interest from other companies. IPC, which has launched a search for a new chief executive offer, said it …
Maurice “Hank” Greenberg, former head of American International Group Inc., testified Monday he believed in 2005 that AIG wanted to end a deferred compensation agreement with Starr International, the company he now controls. On his fifth day in the witness …
Bermuda-based AXIS Capital Holdings Limited announced that William Fischer has been promoted to the position of Chief Executive Officer, AXIS Re, pending approval by the Bermuda Department of Immigration. AXIS Re comprises the reinsurance segment of AXIS Capital and its …
Australia’s ambitious plan to cut carbon dioxide emissions appeared doomed when a crucial senator said Monday he would not vote for the government’s proposed laws. Sen. Steve Fielding is one of two independents in the Senate the government needs this …
Forecasters say Tropical Storm Andres, currently located off the southwestern coast of Mexico, is strengthening and could become a hurricane in the next day or two. It’s still not clear how close the storm will come to making landfall, but …
