Damage from the thunderstorm that dropped golfball-sized hail on Cheyenne is expected to reach into the “tens of millions,” according to the insurance industry. The executive director of the Rocky Mountain Insurance Information Association, Carole Walker, said that the damage …
BP Plc won two legal victories Friday, as a federal judge threw out racketeering claims made by the lead plaintiffs suing over last year’s Gulf of Mexico oil spill, and also set aside a lawsuit by partner Anadarko Petroleum Corp. …
BP reported yet another pipeline leak at its Alaskan oilfields, frustrating the oil giant’s attempts to rebuild its reputation after the Gulf of Mexico oil spill. BP said on Monday that a pipeline at its 30,000 barrel per day Lisburne …
Massachusetts-based XS Brokers Insurance Agency Inc., has promoted Tony Constanzo to executive vice president. Constanzo has been with XS Brokers for over eight years, and is a 20-year industry veteran. Prior to joining XS, he worked at Quaker Special Risk …
Standard & Poor’s Friday raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms without a deal soon to lift the U.S. debt ceiling and cut …
German insurer Allianz , owner of the world’s largest bond investor Pimco, favors private investors writing off 25-30 percent of Greece’s debt, company managers were on Monday quoted as saying. Three weeks of talks between European officials and the private …
State-owned People’s Insurance Company of China Group (PICC), one of the country’s largest insurers, plans to raise $5 billion to $6 billion in an initial public offering in Hong Kong and Shanghai, IFR reported citing two sources with knowledge of …
Their states coping with massive flooding that is expected to continue through the summer, some Midwest governors are taking issue with the management of the Missouri River system by the U. S. Army Corps of Engineers. Kansas Gov. Sam Brownback …
Automotive Repair Market Detail: RoamNet Insurance Marketing Programs’ REPAIR program is available to automotive and automotive parts retail shops working on autos and light trucks and automotive parts stores. Available coverages: general liability, fire legal liability, business auto, employee tools, …
With Cuba preparing to explore for oil 60 miles from Florida, the complicated politics of U.S.-Cuba relations are impeding U.S. efforts to get ready in case of a BP-style accident, analysts and oil experts said. The Obama administration must do …
