BP PLC is paying $69 million for interactive exhibits at a Hancock County science center, a concrete pathway on the beach at Pascagoula, up to six miles of shoreline and improvements at a park as part of Mississippi Gulf Coast …
The nation’s largest health insurers are far from leaping at the chance to join new state health insurance exchanges under President Barack Obama’s reform law, making it likely that some markets will have little or no competition next year. These …
Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from the Santa Clara University School of Law. The study …
Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). “I think you will see us become a very significant factor world-wide in …
China’s new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing’s approval. Where corporate lawyers and advisers were once primarily concerned with merger clearance in the United States and Europe, China’s anti-monopoly law …
Bermuda-based Argo Group International Holdings, Ltd. reported increases in both gross premiums written and net income for the first quarter of 2103. GPW reached $438.2 million, up by $41.9 million, a 10.6 percent increase. Net income was $32.7 million or …
Spain’s MAPFRE announced that it had total revenues of €6.942 billion [$9.1 billion], a 1.6 percent increase, and attributable results of €264.3 million [$346.5 million], down by 2.6 percent, in the first quarter of 2013. It said the results were …
Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. announced that Carol Taylor, vice president, counsel and compliance officer, is the recipient of the Community Spirit Award from Federal Home Loan Bank of Indianapolis (FHLBI) and its Affordable Housing Advisory Council. Taylor …
An insurance company does not have to cover a Rapid City woman for a crash because her auto policy expired 12 hours before she hit four boys on their bicycles, the South Dakota Supreme Court ruled. Tamara Bradford pleaded guilty …
Damage caused by wind and hail cost State Farm Insurance and its policyholders more than $3.9 billion in 2012, the company said. According to State Farm, the top 10 states for wind/hail losses are: Texas — 47,000 claims Illinois — …
