July 12, 2012
The largest U.S. grain trade group was stunned by the latest scandal to hit the futures industry when Iowa-based brokerage PFGBest collapsed after regulators accused the firm of misappropriating customer funds. “Even though we don’t know at this point the …
July 12, 2012
The U.S. House Agriculture Committee challenged two crop insurance reforms approved by the Senate, creating another farm-bill dispute with time running out to enact the new law. Besides disagreeing on crop insurance, the House would increase crop price supports by …
July 12, 2012
New research from Finaccord, the London-based market research consultancy specializing in financial services, concludes that “mobile operators worldwide are actively selling many types of insurance and assistance products to their customers although, in most cases, these initiatives are still being …
July 12, 2012
PartnerOne Environmental , an underwriting division of Beacon Hill Associates’, is now working in partnership with Berkley Environmental, a dvision of Berkley Specialty Underwriting Managers, to offer site pollution liability. This product will provide coverage for both on-site and off-site …
July 12, 2012
Iran is shipping oil to China, its top buyer, despite a row over freight terms, and Japan has taken steps to resume imports in August as Tehran finds ways to get around Western sanctions on ship insurance for its drastically …
July 12, 2012
GMI Insurance has expanded its business auto program with the addition of Plaza Insurance Co., an admitted carrier in 47 jurisdictions. Eligible accounts for GMI’s business auto program include automobile fleets that involve commercial vehicles and private passenger cars to …
July 12, 2012
GCube Insurance Services, Inc., the a provider of insurance for the renewable energy industry and Assurant, Inc., a provider of specialty insurance, have signed a distribution agreement to provide U.S. commercial solar project developers access to an insurance bundle and …
July 12, 2012
Global private equity fund Blackstone Group LP is backing Mark Wilson, the former chief of AIA Group Ltd, in the bidding for ING Groep NV’s Asia insurance unit, a source directly familiar with the matter said. The consortium led by …
July 12, 2012
All-terrain vehicles are powerful machines that should not be considered toys for children, and riders should take safety precautions, officials in Indiana say. Three recent ATV-related accidents in or near Bartholomew County show the possible dangers of riding ATVs and …
July 12, 2012
Chris Schickling has joined Dallas-based Roach Howard Smith & Barton as a sales executive in the agency’s Employee Benefits Division. Formerly a captain in the United States Marine Corps, Schickling is a decorated combat veteran of Operation Iraqi Freedom I, …