Industrial Insurance Company HDI-Gerling has announced it is expanding its product range in the UK to include Motor [Auto] fleet coverage. The company said it has appointed John Shepherd to the position of Director of Motor to head the new …
State lawmakers are considering a bill that would penalize drivers who ignore roadblocks and plunge their vehicles into flooded roadways, endangering their lives and taxing local rescuers.The bill would levy a $250 to $500 fine for violations along with two …
Florida has made a good start on addressing some of the state’s most pressing insurance issues such as pursuing ways to depopulate the state-backed homeowners insurer and reforming the no-fault auto insurance law, but more remains to be done, says …
New York-headquartered Marsh & McLennan Companies appointed Rian Miller as general counsel of Mercer, a human resource consulting subsidiary.Miller was most recently with Towers Watson, where she served as managing counsel for risk and litigation since 2010. She joined predecessor …
It sounds like a silver lining. Even if the Supreme Court overturns President Barack Obama’s health care law, employers can keep offering popular coverage for the young adult children of their workers. But here’s the catch: The parents’ taxes would …
New York City’s pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc. based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials. The suit, filed in Delaware …
Directors of Allergan Inc. must face a lawsuit over $600 million in fines the company paid for misbranding its Botox treatment to smooth out wrinkles, a Delaware judge ruled, in a decision that could affect securities litigation in that state. …
Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the opposite – that in general higher corporate spending in Washington is linked to worse market performance. Researchers from …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Iowa-based Toyota Motor Insurance Company. Best said the revised outlook “reflects TMIC’s continued …
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Allianz Risk Transfer AG (ART), which is …
