October 3, 2012
The U.S. Supreme Court on Tuesday considered whether the federal government could be liable for money damages by printing confidential credit card information on a customer’s receipt, increasing the risk of identity theft. A decision against the government could make …
October 3, 2012
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of South Korea’s Hyundai Marine & Fire Insurance Co., Ltd (HMFI), as well as upgrading …
October 3, 2012
Hong Kong authorities began inspecting the wreckage of a leisure boat on Wednesday amid questions over how a collision with a commuter ferry in relatively calm weather killed 38 people in one of the city’s worst accidents in recent decades. …
October 3, 2012
Lloyd’s has published an analysis of the floods that hit Thailand in October 2011, which notes that “after weeks of slowly spreading their way through many of Thailand’s provinces, flood waters eventually reached the capital city, Bangkok. There they remained …
October 3, 2012
Equity Risk Partners, an insurance brokerage, employee benefits and risk management consulting firm, has launched a new practice group for defense, aerospace and government contractors. DefCon Risk Group will focus on helping these entities improve their total cost of risk …
October 2, 2012
Martin J. Welch was named chief executive officer and senior underwriting executive at Hawaii Employers’ Mutual Insurance Co. Welch was also named president of HEMIC Insurance Managers Inc., a HEMIC subsidiary. Welch has more than 30 years of workers’ compensation …
October 2, 2012
The Florida Office of Insurance Regulation
October 2, 2012
The city of Northampton, in Massachusetts, is facing an $800,000 bill to upgrade and maintain its storm water and flood control systems to comply with federal regulations. And that may just be the tip of the iceberg. City officials last …
October 2, 2012
Here is a glance at some of the new laws that went into effect in Maryland October 1: CHEMOTHERAPY PARITY Health insurance companies will have to level the playing field for out-of-pocket patient expenses for oral treatments to fight cancer …
October 2, 2012
American International Group today revealed what the company described as “a refreshed AIG logo,” featuring a modernized design and new color palate.The updated logo will begin appearing widely in the company’s advertising and marketing later this fall, according to the …