March 20, 2012
Starr Companies announced that it has received a direct general license from the Monetary Association of Singapore (MAS) to operate as a direct insurer in the Republic. The insurance license was specifically granted to Starr International Insurance (Singapore) Pte. Ltd., …
March 20, 2012
A Costa Rican company accused of a $670 million insurance fraud scheme has pleaded not guilty in federal court in Richmond, Va. Defense attorney John Russell entered the plea Monday on behalf of Provident Capital Indemnity Ltd. Provident and its …
March 20, 2012
European Union diplomats on Tuesday postponed a decision on whether to grant any exemptions to insurance provided for Iranian crude shipments when the bloc implements oil sanctions on Iran, an EU diplomat said. Asian oil importers have lobbied European governments …
March 20, 2012
AmWINS Group Inc. promoted Matt Szkotak to branch leader of AmWINS Brokerage of Pennsylvania, located in Philadelphia. Szkotak has been serving as property manager in the Philadelphia office for the past 10 years and will continue to lead the property …
March 20, 2012
A Brazilian prosecutor plans to allege this week that U.S. oil company Chevron has no way to stop a leak in an offshore oil field caused by a November drilling accident. Prosecutor Eduardo Santos de Oliveira told Reuters in a …
March 20, 2012
Hector Sants, the chief executive of the UK’s Financial Services Authority (FSA), has announced his intention to leave the organization at the end of June 2012. He indicated that, as the “fundamental design and delivery of the changes needed to …
March 20, 2012
The Association of British Insurers (ABI) has issued a call “for action to free businesses from the fear of the UK’s compensation culture and overzealous interpretations of health and safety rules that could hold back Britain’s economic recovery.” Insurers and …
March 20, 2012
Here’s a thought that can’t comfort President Barack Obama: The fate of his health care overhaul rests with four Republican-appointed Supreme Court justices. His most sweeping domestic achievement could be struck down if they stand together with Justice Clarence Thomas, …
March 20, 2012
An appeal from Don F. McElroy, who claims he is owed compensation from Simpson County for injuries he suffered in a 2004 accident, won’t be heard by the Mississippi Supreme Court. The Supreme Court, in a 7-1 decision this week, …
March 20, 2012
There were a yellow football jersey, wrinkled prom photos, canceled checks and a birth certificate. There were wedding photos and pages from a scrapbook that elementary students made for their teacher. When the deadly March 2 tornadoes destroyed homes and …