March 5, 2012
Residents of towns throughout the Southeast are recovering from the shock of last Friday’s severe storms and tornadoes. Along with pubic and insurance officials, they are beginning to assess the damage from the string of storms that caused death and …
March 5, 2012
First the waters came with the rains of Hurricane Irene’s remnants, swamping dozens of Vermont communities, destroying homes, businesses, roads and upending lives. Now, five months later, the stories are coming. There are stories of people who waded through the …
March 5, 2012
New York’s Cardinal Timothy Dolan is calling on worshippers to become more involved in politics as the church stands against the government in what he says is a “freedom of religion battle.” Dolan spoke Saturday at an event in Hicksville …
March 5, 2012
Three people who believe they were targeted by a private investigator working for Rupert Murdoch’s News of the World while they were in the United States are considering suing his company in U.S. courts, a source close to the case …
March 5, 2012
The London Market Group (LMG) announced that the electronic endorsements initiative will extend to all classes of business as of today, the 5th of March. The extension of the services pilot program to all classes comes less than a year …
March 5, 2012
BP Plc struck a deal on Friday to pay an estimated $7.8 billion to settle claims from individuals and businesses stemming from the 2010 Gulf of Mexico oil spill. But BP and its partners in the ill-fated Macondo well still …
March 5, 2012
The estimated $7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential windfall in legal fees. …
March 5, 2012
Otto Thoresen, Director General of the Association of British Insurers, has called for European Union policy makers to ensure that draft EU Solvency II rules do not prohibit insurers from driving growth in the UK and making long term investments …
March 5, 2012
The selloff of various parts of Ariel Re continues, as Arch Capital announced that it will acquire Ariel Re’s Credit & Surety reinsurance operations based in Zurich. The news follows an earlier announcement that Goldman Sachs is acquiring Ariel Re’s …
March 5, 2012
Flower Mound, TX, 03/01/12 – Webcetera, L.P., the company behind the innovative EZLynx® platform, has released a major update to their flagship software. EZLynx® 3.0 is a substantial upgrade to the industry leading comparative rater and agency management system that …