A Delaware court on Tuesday denied a request to block the $2.7 billion sale of insurer Delphi Financial Group to Tokio Marine Holdings Inc., brought by pension-fund investors who claim that Delphi’s CEO was unjustly enriched by the deal. The …
Orange, CA, 03/01/12 – The Broker’s Insurance Group (B.I.G) announced the BIGGIE award winners at its inaugural gala on February 23. Over 200 professionals from carriers, suppliers, and agencies came together to enjoy a spectacular evening and celebrate the achievements …
Willis China, a part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted it approval to open a new office in the megalopolis of Chongqing, which Willis said is a “first for a foreign-owned broker …
HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest non-core assets. The deal, the …
The independent insurance agent trade group, Professional Insurance Agents of Indiana Inc., announced a new slate of officers for 2012. They are: President James Mansfield, Mansfield Insurance Agency Inc., Lawrenceburg, Ind. President Elect Hugh Steven Collins, Jim Kitchell Agency, Logansport, …
Florida-based SUNZ Insurance announced it has received its certificate of authority to begin offering workers’ compensation coverage in Oklahoma. SUNZ, which specializes in underwriting workers’ compensation policies for PEOs and staffing companies, said expects the expansion into Oklahoma to attract …
Commercial and industrial landowners around northwest Indiana are redoubling efforts to market their parcels now that the economy has brightened from the recession’s dark days. Building activity may heat up this year, but officials from local economic development organizations and …
A study from the University of California, Berkeley says a nearly 4-year-old ban on drivers using hand-held cellphones is saving lives. The study finds that overall traffic deaths dropped 22 percent in that time while deaths blamed on drivers using …
The California Department of Insurance has served an order to show cause, a statement of charges and a notice of penalty against the New Hampshire Insurance Co. and its authorized agent for claims processing, York Risk Services Group Inc. regarding …
Meterologists in the Topeka, Kan., bureau of the National Weather Service say the tornado that hit Harveyville on Feb. 28 formed too quickly to have time to issue a warning. The EF2 tornado killed one person, injured 11 others and …
