Panama’s ruling party is unlikely to pass tighter tax legislation seen as key for the signing of a U.S. free-trade deal before President Martin Torrijos steps down on July 1, legislators said this week. A bilateral trade pact has been …
Bermuda-based IPC Holdings, the prize sought by both Max Capital and Validus Holdings, registered satisfaction at the action of the Supreme Court of Bermuda in dismissing Validus’ proposed scheme of arrangement application. In a press bulletin IPC Chairman Kenneth L. …
Aon Trade Credit UK announced the launch of an international team to support global companies in managing their receivables more proactively to prevent bad debt. “Liquidity was named one of the top ten risks for global companies in 2009,” according …
An Air France plane with 228 people on board disappeared over the Atlantic Ocean on its way from Brazil to Paris on Monday after hitting strong turbulence and French officials said they feared a disaster. The Brazilian air force said …
San Francisco-based CSE Insurance Group announced that A.M. Best Co. has reaffirmed the company’s financial strength rating of A-. “The rating and outlook reflect [CSE Insurance’s] excellent capitalization, favorable operating performance and market niche as a writer of personal lines …
Oklahoma Gov. Brad Henry has signed into law HB 2013, which adds Section 10-118 of Title 47 to the Oklahoma Statutes to prohibit the levying of fees for the response or investigation of a motor vehicle accident by law enforcement. …
Dozens of insurance company employees and retirees are suing after they lost as much as $30 million on advice they claim came from financial advisers hired by their employer. Their lawsuit against Fireman’s Fund Insurance Co. says the company retained …
Wyoming’s Department of Transportation says the state is expanding its vehicle insurance verification system. Beginning June 1, state troopers will automatically get insurance information on vehicles every time they make a stop. The insurance verification system, which began last July …
The California Senate has passed SB 156, a bill that would authorize the Department of Insurance or a district attorney to convene meetings with an insurance company to discuss a specific insurance fraud and would provide that any person sharing …
A Claiborne County jury has ruled that three companies do not owe a Mississippi man anything for his claims he suffered from silicosis after using their products. Lawyers for 73-year-old Eugene Westrope of Hazlehurst asked jurors for $4.5 million in …
