The National Hurricane Center in Miami is currently monitoring a huge low pressure area, roughly the size of the entire Gulf of Mexico, extending from the west coast of Florida to the Yucatan Peninsula. The area is “disorganized” at present …
On the heels of the decision by the U.S. Federal Reserve to maintain the target fed funds rate at zero to 25 basis points Swiss Re’s Chief Economist, Kurt Karl, commented: “The US economy has been weak recently, but is …
A small bank and two conservative advocacy groups said on Thursday that they would file a lawsuit against the new Consumer Financial Protection Bureau, challenging what they call the agency’s “unlimited regulatory power.” It is unclear how much of a …
U.S. health insurance companies are due to pay out $1.1 billion in rebates to employers and individuals this summer, under a new industry regulation imposed by President Barack Obama’s health care law, the administration said on Thursday. But whether the …
James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson Insurance Services LLC of …
R&R Insurance Services Inc. in Waukesha, Wis., has appointed David Lancaster vice president of Employee Benefits. Lancaster has more than 25 years of insurance industry experience in managing insurance operations, agency relationships and team development. Prior to R&R, he worked …
State Compensation Insurance Fund has filed its first tiered rating plan with the California Department of Insurance. The plan, which would apply to policies renewing or incepting on or after Sept. 1, is a move to expand State Fund’s range …
In a rare instance of law firms compensating investors burned in the mortgage meltdown, Greenberg Traurig and Quarles & Brady moved closer on Wednesday to settling a class action that accused them of participating in a $900 million Ponzi scheme. …
The Senate approved sweeping new U.S. farm legislation on Thursday that would cut almost all traditional farm subsidies while expanding a costly crop insurance program, but odds are slim the bill will pass this year. Passed by a 2-1 margin, …
Concord, Calif.-based Jenkins Insurance Group named Sue Wakamoto as a consultant in its employee benefits department. Wakamoto’s experience includes employee benefits, wellness, defined contribution plans, and executive compensation. Most recently with Mercer as a sales professional, Wakamoto has been in …
