A federal judge has sentenced a Fort Smith, Arkansas, man to 18 months in prison for lying to the Federal Emergency Management Agency to get disaster assistance for Hurricane Katrina. U.S. District Judge Robert Dawson also on Thursday ordered 46-year-old …
Robert Clements, a global insurance industry leader who helped start several insurers and a brokerage died on Sept. 4, 2010 of cancer at age 77. Clements founded Arch Capital Group and Ironshore Inc. and was instrumental in the launching of …
Federal investigators said Friday that a suspicious fire that damaged construction equipment at the site of a future mosque in the southern state of Tennessee was arson and offered a $20,000 reward for information leading to an arrest. The future …
More than 4,200 Virginians who applied for driver’s licenses or identification cards on Aug. 25 are being asked to return to the Department of Motor Vehicles for a new photograph. Aug. 25 was the day a state government computer outage …
A New Hampshire woman is seeking more than $24 million in damages from the maker of a prescription drug she took to ease shoulder pain, but suffered a reaction so severe that she is now blind and scarred by internal …
Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s and the …
American International Group Inc is leaning towards a new sale of its Taiwan unit, according to one of the original buyers, opening the way for a number of Taiwanese banks who have expressed interest. Hong Kong-listed China Strategic Holdings Ltd …
Tropical Storm Hermine slammed into northeastern Mexico near the Texas border Monday, dumping heavy rain on a region still recovering from Hurricane Alex’s visit in June. Hermine, the eighth named storm of the Atlantic hurricane season, was expected to weaken …
China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector. Chinese insurers are …
The magnitude 7.0 earthquake which struck the Southern Island of New Zealand on Saturday, Sept. 4 miraculously caused no fatalities; however it did cause substantial damages. Catastrophe modeling firm AIR Worldwide has estimated that industry insured losses from quake will …
