The federal Mine Safety and Health Administration is asking a judge to dismiss coal producer Massey Energy’s lawsuit challenging the agency’s power over ventilation plans. MSHA says case law requires Massey to appeal ventilation plan decisions to the Federal Mine …
New powers from the financial reform law will help avoid a repeat of 2008’s frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers, U.S. regulators said Wednesday. A commission investigating the causes of the financial …
Pennsylvania-based PMA Cos has promoted Jack Aspen to vice president of Risk Control Services. In his new position, Aspen will lead the risk control functions for the PMA Insurance Group, PMA Management Corp. and PMA Management Corp. of New England, …
A Nov. 8 plea hearing is set for a former volunteer firefighter accused of setting a blaze in Berkeley County, W. Va., that injured a firefighter from another department. Berkeley County Prosecutor Pamela Games-Neely told a judge on Monday that …
The reinsurance sector is vulnerable to a significant insured loss from the Atlantic storm season as their reserve capital has been used to offset low premiums, Fitch Ratings said, as Hurricane Earl threatens to hit land. As Earl lingers as …
Alabama-based Regions Financial is expanding access to personal lines insurance for its bank customers in Tennessee, Indiana, Illinois, Iowa and Virginia. Customers will be able to purchase homeowners, renters, automobile, recreational vehicles, motorcycles, watercraft and specialty insurance products for personal …
The parents of six deceased U.S. soldiers are suing Prudential Financial, saying it paid paltry interest on military life insurance benefits while keeping more generous interest earnings for itself. Five plaintiffs joined the original plaintiff Monday in the lawsuit, which …
China Strategic Holdings Ltd. will decide whether to appeal a decision by Taiwan’s regulators to block its planned purchase of American International Group Inc’s Taiwan unit. In a statement on Wednesday, China Strategic said it was disappointed by the decision, …
Taiwan financial holding firm Fubon Financial would consider buying American International Group Inc’s Taiwan insurance unit if it was put back on sale, Fubon’s president said on Wednesday. Speaking at an industry conference, Victor Kung said that the bank would …
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is preparing to make a payout to the Government of Anguilla as a result of Tropical Cyclone Earl which passed close to Anguilla and other islands in the northeastern Caribbean as a major …
