The Senate last week failed to vote on bills to extend several federal programs including jobless benefits, COBRA subsidies, transportation project funding and flood insurance before these programs expired Feb. 28. A single senator, Jim Bunning, R-Ky., has derailed final …
As the Oscars quickly approach, many are speculating what film and actors will win Hollywood’s most coveted statue. Fireman’s Fund Insurance Co., a Novato, Calif.-based insurer of major Hollywood films for more than 85 years, is unveiling the riskiest films …
J. Scott Penny, regional executive vice president of Florida-based Brown & Brown Inc., and Gregory P. DiMartino, president of DiMartino Associates Inc. of Seattle, announced the acquisition of the insurance agency and brokerage business-related assets of DiMartino Associates Inc. by …
Tennessee officials have charged the two owners of a former nonprofit company that was seized by the state in 2007, along with two others affiliated with the now-defunct firm, in what they say is a multi-million dollar, multi-state insurance annuities …
Specialty insurer Philadelphia Insurance Companies has promoted Christopher J. Maguire and Sean S. Sweeney to the position of co-presidents. Maguire joined Philadelphia Insurance Companies in 1987 and has managed underwriting operations and production. In his most recent role as chief …
Prudential Plc’s $35.5 billion offer for American International Group Inc.’s Asia business marries the UK insurer’s fast-growth strategy with AIA’s mature business profile — a logical, strategic coupling. The two companies would have an estimated $95 billion in policyholder reserves …
The former chief of the New Sight Volunteer Fire Department has been charged with embezzlement. District Attorney Dee Bates told the Brookhaven Daily Leader that 37-year-old Mike Boyd was being held in the Lincoln County Jail on $100,000 bond after …
A powerful Atlantic storm, named Xynthia, struck along the western coast of Europe Saturday night and most of Sunday, leaving at least 50 people dead in its wake. The storm packed sustained winds over 140 kmh (87.5 mph) as well …
London-based Jubilee Managing Agency has announced the next stage of its strategic growth plans with new senior appointments. Clive Buesnel will join Jubilee as Group Chief Executive Officer, effective May 1, 2010. Jubilee’s bulletin noted that he “was one of …
One of the strongest earthquakes ever recorded struck the central coast of Chile early Saturday morning, February 27. The U.S. Geological Survey (USGS) measured the magnitude at 8.8 with severe “shaking intensity” extending nearly 500 kms (app. 300 miles) from …
