January 27, 2010
The parents of two children whose aunt carried them onto a highway where all three were struck and killed, have sued a psychiatric hospital for allegedly failing to properly treat the woman’s mental illness. Ken and Danielle Lambert of Brentwood, …
January 27, 2010
A hospital that performed America’s first face transplant has told the family of a woman mauled and blinded by a chimpanzee a year ago that she is not a candidate for a face and hand transplant. Charla Nash’s family is …
January 27, 2010
Aon Benfield announced the launch of its proprietary facultative broking platform. The web portal, FAConnectSM, “brings the broker marketplace to clients’ computer desktops, allowing them to quote and bind their unique facultative risks in less than five minutes through a …
January 27, 2010
Toronto-based Kingsway Financial Services announced today that it has entered into a definitive purchase agreement with The Westaim Corporation to sell “all of the issued and outstanding shares of Jevco Insurance Company to Westaim for an aggregate purchase price of …
January 27, 2010
Federal safety officials are investigating a DuPont chemical plant Monday after a series of leaks that resulted in the death of one worker and the operation’s temporary shutdown. DuPont officials put the sprawling Belle plant in West Virginia on safety …
January 27, 2010
Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s. The worried response to U.S. President Barack Obama’s plans to tax and …
January 27, 2010
Munich Re posted a statutory notice on Tuesday announcing that Berkshire Hathaway’s stake in the company rose to 3.045 percent on January 18, just above the level at which such holdings must be disclosed. “Warren Buffett is an expert at …
January 27, 2010
Zurich Insurance Company, a division of Zurich Financial Services, announced that it has officially launched its general insurance branch in Bahrain, following the issuance of its Overseas Insurance Firm (Branch) License to conduct General Insurance business from the Central Bank …
January 27, 2010
An overseer for the U.S. bailout program said Tuesday that France’s banking regulator was open to further negotiations over possible concessions on payments from bailed out insurer AIG, according to prepared congressional testimony. Neil Barofsky, the special inspector general for …
January 27, 2010
Bermuda,-based PartnerRe Ltd. announced that during the January 1, 2010 treaty renewal season it expects to write and bind approximately $2.6 billion of non-life premium. The bulletin added that this figure “includes $440 million in premium from PARIS RE, whose …