July 18, 2011
Like many insurance agents, Carrie Reynolds never meant to be one. But 15 years after she became, in her own words, an “accidental agent,” Reynolds is now a principal in Alan Galvez Insurance, an agency started by her father in …
July 18, 2011
Florida teenagers once again will be allowed to take their learner’s permit tests online. The Department of Highway Safety and Motor Vehicles in January halted an online testing pilot program when they determined that about 40 percent of the test-takers …
July 15, 2011
Standard & Poor’s Friday put a broad range of financial firms on negative credit watch, warning they could all be downgraded if the United States has its credit rating cut. The S&P action takes in Fannie Mae, Freddie Mac, all …
July 15, 2011
A top accounting rules setter said on Thursday it was well on the way to becoming the global standard in a veiled hint that the United States should get on board or risk being isolated. In roughly a decade, adoption …
July 15, 2011
The Zurich Financial Services Group announced that it has signed definitive agreements with Banco Santander SA to enter into a long-term alliance in Latin America. Zurich said the “scope, structure and key financial terms are materially unchanged” from those outlined …
July 15, 2011
The island of Guernsey’s Chief Minister, Lyndon Trott, met with officials in Washington this week as part of a series of discussions that have been conducted for a number of years. The dialogue between U.S. officials and the island’s representative …
July 15, 2011
Standard & Poor’s Ratings Services has said that its “ratings on Validus Holdings Ltd. (BBB/Stable/–) remain unchanged following the insurance company’s unsolicited offer to combine with Transatlantic Holdings Inc. (BBB+/Watch Pos/–) in response to the definitive merger agreement between Transatlantic …
July 15, 2011
Bermuda-based AXIS Capital Holdings Limited has estimated that the total net financial impact of the June 2011 aftershock in New Zealand and the series of severe weather events that occurred in the U.S. in April and May 2011 are expected …
July 15, 2011
A report from Towers Watson has concluded that “motor insurance losses in a number of Middle East countries have dropped sharply thanks to traffic safety measures,” which have reduced accident and casualty rates by 30 to 50 percent over the …
July 15, 2011
After surviving three governors and numerous legislative sessions, Florida’s SunRail commuter rail project that will tie together the city of Orlando with four other counties extending up to the eastern seaboard is about to get underway. The Florida Department of …