February 22, 2012
Salvage workers have found four more bodies in the submerged Costa Concordia cruise liner, bringing the confirmed number of dead to 21 on the ship that ran aground and capsized off the Italian coast last month, authorities said on Wednesday. …
February 22, 2012
South Korea’s KB Financial Group is interested in buying ING Groep NV’s South Korean insurance operations, chairman Euh Yoon-dae said. The parent of the country’s top mortgage lender which has an existing life insurance joint venture with ING, KB Life …
February 22, 2012
The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance offering includes coverage for insolvency to the producer when the market …
February 22, 2012
A trucker’s widow has settled her 2011 wrongful death lawsuit with H&M International Transportation Inc.’s insurance company and a driver. Filed Feb. 8, the agreement with Rita Marie Bruce shows Brookwood Insurance Co. paid her $59,957 on behalf of her …
February 22, 2012
The Hartford says it will be increasing the availability of its auto insurance program for members of the American Association of Retired Persons (AARP) by expanding its base of producers. Originally, members of the AARP could only get the car …
February 22, 2012
A relatively snow-free winter in the Upper Midwest has some officials worried about damage to agriculture if the dry weather persists into spring planting. Minnesota’s agriculture and commerce commissioners, Dave Frederickson and Mike Rothman, signaled their concern when they advised …
February 22, 2012
A Wisconsin business owner is charged in federal court with torching his business and offering to kill someone’s wife in payment for helping set the fire. Prosecutors accuse 32-year-old Mathew Lemberger of Denmark of scheming to collect on a $1.4 …
February 22, 2012
The West Virginia Supreme Court is seeking comment on proposed rules for a new court system for business-related lawsuits. The court is reviewing draft rules presented by a committee led by Wayne County Circuit Judge Darrell Pratt. Pratt has said …
February 22, 2012
The Obama administration on Tuesday dropped a major bribery prosecution that had been part of a campaign to crack down on corruption after the government suffered several setbacks in court in a case involving military equipment sales. Federal prosecutors moved …
February 22, 2012
U.S. corporations asked the government to explain what it considers a bribe of a foreign official, saying the lack of clarity has had a chilling effect on business. The Chamber of Commerce and dozens of other trade groups wrote a …