Police across Tennessee are writing few citations under the year-old texting-while-driving law. The statute went into effect in July 2009, allowing officers to write tickets to drivers they catch sending cell phone text messages while operating vehicles. The fine for …
Bermuda-bsed PartnerRe Ltd. announced that Executive Vice President and Chief Financial Officer Albert Benchimol will leave the Company, effective December 31, 2010. He has served as EVP & CFO since he joined PartnerRe in 2000. In 2007, he took on …
A 78-year-old Washington Township woman has been awarded $1.2 million for burns and permanent scars suffered while she was a patient at Henry Ford Macomb Hospital. Valerija Milosevic was awarded the money by a Macomb County Circuit Court jury on …
The death of a woman thrown from a hay wagon during a ride at a county fair has opened a debate over whether there should be improvements to Kentucky laws on farm equipment safety. Dale Dobson, head of the Farm …
The Berne Union* closed its recent biannual meeting in Helsinki Finland on a tone of cautious optimism for global trade and investment. The Union’s bulletin pointed to “a resurgence in credit insurance capacity and a leveling off from the surge …
Aon Corp. has agreed to buy human resource consulting firm Hewitt Associates in a deal worth $4.9 billion. Aon intends to integrate Hewitt with its existing consulting and outsourcing operations, Aon Consulting, and operate the segment globally under the newly …
Anadarko Petroleum Corp., which owns 25 percent of the ruptured well in the Gulf of Mexico, has told BP Plc that, for now, it will not pay a $272 million bill from the British oil company to cover clean-up costs. …
Goldman Sachs Group Inc. was sued by Liberty Mutual Insurance Co. for fraudulently misleading it into buying preferred stock of mortgage financier Fannie Mae that would become “virtually worthless.” In a lawsuit filed last Thursday in Boston federal court, Liberty …
In a joint announcement from London and Atlanta, Swett & Crawford and Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, announced that they have completed the combination of the two firms [See IJ web site – …
Munich Re has provided the Massachusetts Property Insurance Underwriting Association (MPIUA) with a $ 96 million catastrophe bond issuance that “transfers hurricane risk in Massachusetts to the capital markets,” said the reinsurer’s announcement. “Munich Re acted as joint lead manager …
