When Colin and Joyce Elston bought their Florida dream home in May, they were confident they could afford the three-bedroom, two-bathroom ranch with a pool and a backyard overlooking the Intracoastal Waterway. Now they are not so sure. The retirees …
MetLife Inc., the largest U.S. life insurer, is pushing agents to sell more car and residential coverage after the head of the company’s main retail business said they’ve been missing an opportunity to diversify sales. “Out of our 58 agencies, …
U.S. property and casualty (P/C) insurers continue to release reserves to support earnings, said Moody’s Investors Service in two recent reports. U.S. P/C insurers released $9.0 billion of reserves during the first six months of 2013, with a significant portion …
Senior U.S. officials on Wednesday sought to mend fences with the technology industry as they renewed their pleas for legislation to increase the flow of information about cyber attacks between federal agencies and private companies. A plan to protect companies …
Toby Esser is a truly global executive. As the CEO of Cooper Gay Swett & Crawford (CGSC), he coordinates the broker’s far flung operations in the UK, Europe, Asia and South America, as well as North America, which was recently …
Lloyd’s announced a profit of £1.38 billion [$2.215 billion] for the six-month period ending 30 June 2013. “The market continued to grow with gross written premium increasing 4.9 percent to £15.5 billion [$24.88 billion],” said the announcement. “Despite a benign …
The International Monetary Fund can play a role in protecting the planet from environmental damage, IMF head Christine Lagarde said on Tuesday, as she highlighted how an analysis of the harmful effects of energy subsidies could act as a catalyst …
Xchanging, the business process, procurement and technology services provider, has launched a free wifi service for the London Underwriting Center (LUC), home to many insurance businesses. The service will support the mobile application X-presso, and “will increase both the speed …
Driving home the notion that most U.S. employees believe their employers aren’t prepared for a disaster or a major crisis may be one of the best way to get people to take notice that September is National Preparedness Month. That …
The former CEO of a prominent New York City charity who apologized for what he called “mistakes” when he was fired last month has been charged with stealing from the organization. Attorney General Eric Schneiderman says William Rapfogel, who ran …
