September 22, 2010
Chartis has launched Private Equity Professional Edge, a management and professional liability insurance program for private equity and venture capital firms and their managers. Private Equity Professional Edge combines directors and officers, professional liability, and employment practices liability coverages into …
September 21, 2010
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ senior unsecured debt rating to W.R. Berkley Corp.’s (WRB) proposed issue of $300 million of 5.375 percent senior unsecured notes, which are due in 2020. “WRB will use the net proceeds …
September 21, 2010
Intended buyers of insurer American International Group’s Taiwan unit have ended their purchase agreement after Taiwan’s regulators opposed the deal [See IJ web site – . https://www.insurancejournal.com/news/international/2010/09/02/112961.htm ]. China Strategic Holdings said in a statement late on Monday that it …
September 21, 2010
American International Group Inc inched closer in its ambitious plan to list its Asian life insurance business, AIA Group Ltd, after securing approval from the Hong Kong stock exchange, sources with direct knowledge of the matter told Reuters Tuesday. AIA’s …
September 21, 2010
Toyota Motor Corp. has settled what is widely regarded as the most serious lawsuit of the hundreds of claims the automaker faces. The company has agreed to settle the suit brought by relatives of four family members killed in a …
September 21, 2010
The Atlantic hurricane season is in full swing as it continues to produce named storm after named storm. The latest in the parade, which has been forming almost constantly off of the Cape Verde Islands over the last 6 weeks, …
September 21, 2010
The National Transportation Safety Board says child passenger safety laws in 21 states including the Dakotas still do not meet its safety recommendations. The NTSB has called for state child restraint laws to cover children up to 8 years old. …
September 21, 2010
One of the most important features of writing high net worth business is high value homeowner’s coverage — but these policies can be complicated for agents to understand because they have many more components than traditional personal lines homeowner policies. …
September 21, 2010
ISO has announced that it will equip more than 600 ISO company vehicles with telematics devices to monitor and record data about driving behavior. Information will include Global Positioning System (GPS) and On-Board Diagnostic (OBD-II) data for vehicle information and …
September 21, 2010
A Kentucky man accused of strangling his wife is poised to claim excessive caffeine from sodas, energy drinks and diet pills left him so mentally unstable he couldn’t have knowingly killed her, his lawyer has notified a court. The trial …