Vehicles are doing a better job of protecting people in crashes, but a new crop of advanced technology aims to prevent many crashes from happening altogether. A new study by the insurance industry’s Highway Loss Data Institute (HLDI) finds that …
President Barack Obama’s administration on Tuesday fired back at World Bank President Robert Zoellick’s criticism that it has not done enough to bring the nearly decade-old Doha round of world trade talks to a successful close. “Our goal has been …
U.S. authorities Tuesday arrested 16 people on charges they participated in major cyber attacks, including an attempt to cripple eBay’s PayPal web site as retribution for dropping Wiki Leaks as a client. FBI agents arrested 14 people in nine states …
Accident Fund Holdings Inc. has appointed Sue Jenkins, of Williamston, Mich., as general counsel. Jenkins is replacing Steven Hess, current general counsel, who is retiring on September 1, 2011. In this role, Jenkins will be responsible for representing the enterprise …
Ratings agency A.M. Best may lower its outlook on the U.S. life insurance and annuity sector to “negative” from “stable,” it warned Tuesday, as American and European sovereign debt concerns continue to grow. Life insurers, with long-duration liabilities and a …
RBC Insurance Associates of Somerset, N.J., has joined the ISU Network. Founded by James Robertello, David Bruen and Daniel Carluccio, RBC Insurance brings nearly 100 years of combined experienced to the ISU Network. The ISU Network, founded in 1979 and …
Direct-Link Holding Group LLC has acquired Coachella Valley Insurance Services Inc. (CVIS) of La Quinta, Calif. The transaction marks the 41st acquisition for Direct-Link Holding Group. CVIS was established in 1977 and provides personal and commercial insurance products and services …
New York-based agency USI Insurance Services has closed on its acquisition of Tricerion Group, an online employee benefits firm. USI said the acquisition is expected to contribute approximately $3.6 million in revenues on an annual basis. Terms of the transaction …
XL Insurance, the global insurance operations of XL Group, announced changes in its International Property business, which it said are “in line with XL Insurance’s strategy of providing innovative solutions that anticipate and respond to clients’ needs.” XL named Ralf …
The pirates were nervous. A rookie author – a white man from Canada – had unexpectedly arrived in their cliff-top Somali village to ask about the captured ship anchored offshore. Locals fearing a showdown quietly melted away into a small …
