June 18, 2012
In less than two weeks, Iran’s biggest oil buyers will lose access to the London-based insurance market that protects 95 percent of the world’s tanker shipments against oil spills or catastrophic collisions. Barring an unexpected last-minute deal to relax European …
June 18, 2012
Political parties supporting Greece’s international bailout begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debt-laden country leaving the euro and brought relief to global markets. Conservative New Democracy leader …
June 18, 2012
The EU’s Solvency II regulations get most of the headlines, but there are other regulatory bodies, which are trying to modernize and harmonize the regulations for global insurance companies. Their task has been made even more difficult by the prolonged …
June 18, 2012
Facebook Inc., facing a raft of lawsuits from investors seeking to recoup losses from its botched IPO, laid out on Friday how cascading Nasdaq trading glitches might have stoked the confusion that marred its May 18 debut. The No. 1 …
June 18, 2012
ACE USA, the U.S.-based retail operating division of the ACE Group, has added five new member firms to its ACE data breach team. This pool of independent, third-party professional service will help organizations and businesses execute data breach response plans. …
June 18, 2012
Georgia Gov. Nathan Deal announced that Georgia’s largest writer of homeowners policies will bring 500 jobs to a new operations center in metro Atlanta. Deal made the announcement last Friday that the jobs for State Farm will be located at …
June 18, 2012
A federal judge has dismissed the Federal Emergency Management Agency as a defendant involving a lawsuit over 2010 flooding at the Kmart in Corinth, MIssissippi. The Daily Corinthian reported last week that U.S. District Judge Glen H. Davidson issued the …
June 18, 2012
The West Virginia Regional Jail and Correctional Facility Authority is now housing all state-sentenced female inmates at the Tygart Valley Regional Jail as part of an effort to avoid prisoner lawsuits officials say are meritless. The lawsuits have cost the …
June 18, 2012
The fracking drilling technique used to tap shale oil and gas is unlikely to trigger earthquakes, but underground injection of waste water from drilling offers more risks for seismic activity, a new U.S. study said on Friday. The National Research …
June 18, 2012
Veteran Agents Have Much to Teach Their Successors Today’s youngest agents crave to be online. It’s no surprise since they grew up in the Internet age. Their experiences include playing video games, doing schoolwork, surfing, communicating via email, and texting …