English cricket is searching for a new shirt sponsor for its national teams after Brit Insurance said it would not renew its contract beyond 2014. The insurance company became England’s sponsor in 2010 on a four-year deal, in which time …
Democratic Congressman Barney Frank defended the nation’s largest bank on Monday, saying in a statement that the government was wrong to go after JPMorgan Chase & Co. for the alleged misdeeds of Bear Stearns. Frank, the co-author of the 2010 …
Rich private investors are turning their backs on hedge funds because moves to attract more conservative pension fund clients mean managers no longer deliver the big returns they crave. The fastest growing source of new money for hedge funds is …
The U.S. Food and Drug Administration said on Monday that it is investigating reports of five deaths that may be associated with Monster Beverage Corp.’s namesake energy drink, and the company’s shares fell more than 14 percent. Monster is also …
Argentine President Cristina Fernandez said on Monday insurers would have to invest some of their funds in production and infrastructure projects as she seeks to boost sluggish economic growth. Latin America’s No. 3 economy grew a sizzling 8.9 percent in …
When commercial lines insurance agent and dog owner Debbie Turner began to look into help for her difficult dog back in 2000, she had no idea that her journey would end up leading to a new personal lines insurance option. …
Scottsdale, AZ, 10/23/12 – Arizona CPCU I-Day is on November 14th, 2012. Join fellow CPCU’s and industry colleagues in the premier insurance educational event of the year! This exciting event held at Chaparral Suites Hotel in Scottsdale, AZ will focus …
Insurer American International Group Inc. has agreed to an $11 million settlement with a group of states over its claims settlement practices for life insurance policies on Monday. AIG is the latest insurer to settle state probes relating to the …
Burns & Wilcox named John J. Karl as the Overland Park, Kansas branch manager. Karl will lead an expanding Burns & Wilcox office that specializes in solutions for hard-to-place risks. While he will be based in Overland Park, his office …
AIG Insurance Co. will pay an estimated $25 to $30 million owed to California beneficiaries of life insurance policies, and an $11 million settlement payment. California Controller John Chiang began auditing AIG’s insurance company practices in 2008, revealing an industry-wide …
