Marine insurance, or lack of it, may yet turn out to be the most effective sanction used by Western nations in 17 years of tightening the screws on Iran’s nuclear program. A European Union oil embargo on Iran, set to …
Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key Southeast states …
Although risk managers are taking on more strategic roles in their organizations, a disconnect still exists in many organizations between how risk managers and senior leaders view the role of risk management, according to a survey published by Marsh and …
The auction and sale of C.M. Meiers Co. Inc., an out-of-trust Woodland Hills, Calif.-based insurance agency in bankruptcy, is a done deal. But the buyers and former owners are now in a squabble over allegations that the former owners “raided …
A group of risk management and insurance professionals have been honored with industry awards from the Risk and Insurance Management Society (RIMS). RIMS’ most prestigious honor, the Harry and Dorothy Goodell Award, was presented to Margaret S. Accordino, vice president-director …
Jeff Foley got a motorcycle for his 40th birthday last year followed by the weekend training course that gave him a New York license. Within the first few months, the 450-pound, low-slung cruising bike fell over twice while he was …
A Maine woman who sued a doctor for malpractice because she said he overprescribed her methadone has been awarded $1.9 million by a jury Charlene Whalen of Corinth sued Dr. Steven Weisberger, alleging the dosage of the prescription he gave …
Authorities in Louisiana say a 6-foot alligator showed up at the front door of a Super 8 Motel outside Baton Rouge and bit a guest. West Baton Rouge Parish Sheriff Mike Cazes tells The Advocate his office got the call …
U.S. RE Analytics, LLC has developed a new tool to help catastrophe-exposed insurance companies reduce reinsurance costs and improve return on risk-adjusted capital, according to Anya Kutsina, managing director. U.S. RE Risk Optimizer is a proprietary tool that enables insurers …
A new analysis shows that while the private U.S. property/casualty insurers suffered deteriorating results in 2011, they still ended the year with a strong and improved fourth-quarter. Private U.S. P/C insurers’ net income after taxes fell to $19.1 billion in …
