A federal appeals court says an insurance company should have represented a former director of a West Virginia nonprofit organization in a civil lawsuit. The 4th U.S. Circuit Court of Appeals in Richmond, Va., sided with Bob Graham in a …
Nationwide Mutual Insurance Co. welcomed Pennsylvania regulators’ approval this week of the insurer’s proposed merger with Harleysville Mutual Insurance Co. Regulatory approval from Pennsylvania, where Harleysville is headquartered, was one of the requirements for completing the merger. “Nationwide is pleased …
Warren Buffett, CEO of Berkshire Hathaway Inc., revealed Tuesday that he has Stage 1 prostate cancer but assured his condition is not “remotely life-threatening or even debilitating in any meaningful way.” In a letter to shareholders, the world’s third-richest man …
A mother and daughter from northeastern Pennsylvania are on trial for allegedly taking part in a decade-long $1 million insurance scam. Sixty-one-year-old Bianca Bucano and her 23-year-old daughter, Melissa, were allegedly part of a scam ring that sent invoices to …
Large institutional investors who have ploughed tens of billions of dollars into hedge funds may rethink their allocations if the industry performs poorly yet again this year, one large U.S.-based investor said. Christopher Vogt, global head of hedge funds at …
Twitter said on Tuesday that it would structure its patents so they could not be used for offensive litigation purposes without permission from the people who developed them. Twitter said the move would give inventors more control over their creations …
After an inauspicious start, 2012 could well be “another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the euro zone, pirate attacks and increased sanctions,” according to Willis Global …
Russell Program Managers, a national program administrator, will expand its flagship PoolPro program to serve community pools, private swim clubs and pool management companies nationwide. Pool coverage was first offered locally in 1993 through Russell Insurance Group, which expanded to …
Willis Re, the reinsurance arm of Willis Group Holdings has announced the appointment of James Beedle as CEO of its Asian operations. He has been a member of the Willis Re team since 1998 and has worked with numerous global …
AIR Worldwide announced that it has “expanded its suite of Catastrophe Risk Engineering (CRE) solutions to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks.” AIR said its new offering would “help …
