Brazil, China and India must use their growing economic might to help revive deadlocked global trade talks, a coalition of business lobby groups said in a letter to U.S. and European Union trade negotiators. The letter, sent on Wednesday, is …
A low pressure area, which the National Hurricane Center in Miami has been tracking for several days, now shows strong indications that it will develop into a tropical cyclone. The latest NHC bulletin, published at 8:00 EDT said that “surface …
A rural school district that canceled its prom rather than allow a lesbian student to attend with her girlfriend has agreed to pay $35,000 to settle a discrimination lawsuit the ACLU filed on her behalf. The district also agreed to …
Blue Cross Blue Shield’s nonprofit health plans raised insurance premiums even as they set aside millions of dollars in surpluses over the past decade, according to a report published Thursday. For example, Blue Cross Blue Shield of Arizona policyholders faced …
Chinatrust Financial Holding Co, Taiwan’s top credit card issuer, is happy to talk to American International Group Inc (AIG) about its Taiwan life insurance unit if the U.S. firm is unable to seal an existing deal to sell the unit. …
Germany’s Allianz, Europe’s largest insurer, announced the formation of a new unit for cooperation with car manufacturers at Allianz Versicherungs-AG / International with a “direct reporting line to the Allianz SE board of management.” Allianz explained that based on the …
The Wisconsin State Supreme Court says a brake maker wasn’t negligent in a machinist’s death. Walter Tatera, a former Hales Corners machine shop worker, died of cancer in 2004. His estate sued FMC Corp., a Milwaukee brake manufacturer, alleging disks …
Stockton, Calif.-based Westmar Marine Insurance Services announced it has appointed Barry Paulsen yacht sales specialist, responsible for building and developing client relationships within the yachting communities to promote specialized yacht insurance products. Paulsen has more than 30 years of experience …
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed over the last couple years as the economy has forced the closure of many …
Oklahoma Department of Public Safety officials report a decrease in traffic fatalities for the month of June 2010. Fatalities in June totaled 55 compared to 83 in the same month last year. Eight motorcyclists and seven pedestrians died in crashes …
