U.S. consumer groups plan to raise concerns on Wednesday about a proposed free trade agreement between the United States and the European Union, which they fear could weaken important government health, environmental and food safety regulations and undermine privacy on …
U.S. consumer groups plan to raise concerns on Wednesday about a proposed free trade agreement between the United States and the European Union, which they fear could weaken important government health, environmental and food safety regulations and undermine privacy on …
Liberty International Underwriters (LIU), part of the Global Specialty division of Liberty Mutual Insurance, has appointed Peter A. Clauson as senior vice president of LIU Excess Casualty and Umbrella in the U.S. and Latin America. Clauson will be responsible for …
Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims against him, a lawyer for the state argued …
The tornado that leveled an Oklahoma City suburb last week probably cost insurers $2 billion to $3.5 billion in claims, according to catastrophe modeler Risk Management Solutions Inc. The estimate includes damage to personal, commercial and industrial property as well …
Standard & Poor’s Rating Services announced that it has completed a review of Allstate Corp. and, under its revised insurance criteria, has affirmed the ‘A-‘ issuer credit rating on the holding company, ‘AA-‘ financial strength ratings on its core insurance …
The UK-based commercial insurance underwriting agency, APC, announced that it has increased the limits on the majority of its public and products liability risks to £10 million ($15 million] and property risks to £50 million [$75 million] “to help smaller …
A.M. Best Co. has commented that the financial strength ratings, issuer credit ratings and debt ratings of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates are “unaffected by the recent announcement that Endurance’s chief executive officer (CEO), David Cash, has …
The European Central Bank, which shored up the euro zone last year, needs to act again to lift the bloc out of recession, the OECD said on Wednesday, calling for bold steps beyond just interest rate cuts. The 17-nation euro …
A bulletin from the National Hurricane Center in Miami, issued at 2:00 AM PDT, locates the center of Tropical Storm Barbara, which is approaching the southwest coast of Mexico, as “moving toward the northeast near 5 mph, 7 km/h,” with …
