May 31, 2013
WTO member countries have until the end of July to revive moribund global free trade talks in time for a meeting scheduled for December in Bali, top trade officials and ministers said on Thursday, and warned of long-term damage if …
May 31, 2013
Ft. Lauderdale, FL, 5/31/13 – Frank Alerte, a former executive insurance counsel at the U.S. Federal Reserve, Guy Carpenter and BB&T, has joined the law and governmental consulting firm of Colodny, Fass, Talenfeld, Karlinsky, Abate & Webb as an Insurance …
May 30, 2013
American International Group Inc. has agreed to end litigation against the Federal Reserve Bank of New York over whether the insurer retained the right after its 2008 taxpayer-funded bailout to sue over losses on residential mortgage-backed securities. In a May …
May 30, 2013
Severe storms spawned a dozen reported tornadoes in Oklahoma and Arkansas on Thursday, injuring at least five people and sending residents scrambling for cover 10 days after a powerful twister killed 24 people in Oklahoma. One tornado warning included Cushing, …
May 30, 2013
The Professional Insurance Agents of New York State Inc. applauded the New York State Senate for passing a bill, S.3084-A/A.3107-B, on Wednesday, which has long been advocated by the association. The bill now moves to the New York State Assembly. …
May 30, 2013
Self-driving cars being developed by Google Inc. and some automakers are getting a lift from U.S. auto-safety regulators eager to accelerate automation that they predict could prevent many crashes. Transportation Department regulators today released a policy intended to advance testing …
May 30, 2013
Employee benefits agency Digital Insurance has acquired Fallick Insurance Services of Mountain View, Calif. Fallick joins the Los Altos/Silicon Valley office of Digital Benefit Advisors, a division of Digital Insurance. Digital is a wholly owned subsidiary of Fidelity National Financial.
May 30, 2013
A.M. Best Co. has revised the outlook to negative from stable of Piqua, Ohio-based Buckeye State Mutual Insurance Co. and its insurance affiliates. The ratings firm also affirmed the financial strength rating of B+ (Good) and issuer credit ratings of …
May 30, 2013
Rye Brook, N.Y.-based specialty insurer The Navigators Group appointed Glen Bronstein as chief claims officer of Navigators Management Company, the Group’s principal U.S. underwriting agency subsidiary. Prior to joining Navigators, Bronstein worked at American International Group for 19 years. During …
May 30, 2013
MassMutual San Francisco’s General Agent Robert B. Fakhimi will expand his responsibilities with Massachusetts Mutual Life Insurance Co. and lead MassMutual Northern California in Sacramento. In addition to this new appointment, he will remain head of the MassMutual San Francisco …