December 13, 2013
A North Texas teen from an affluent family was sentenced to probation this week after he killed four pedestrians when he lost control of his speeding pickup truck while driving drunk, a punishment that outraged the victims’ families and left …
December 13, 2013
The senior citizen organization American Association of Retired Persons (AARP) has chosen Boston-based Plymouth Rock Assurance and its affiliated Bunker Hill Insurance to issue auto and home insurance products for AARP members in Massachusetts, starting this month. The new AARP …
December 13, 2013
An Indianapolis police officer’s lawsuit against the original seller of a handgun later used to wound him might have to overcome a state law in Indiana that gives gun sellers significant immunity. The lawsuit filed Dec. 10 in a Marion …
December 13, 2013
The number of Wisconsin workers killed on the job increased 28 percent last year, in part because of an increase in workplace shootings, according to federal statistics released on Dec. 11. A report from the Bureau of Labor Statistics showed …
December 13, 2013
A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). Best explained …
December 13, 2013
An insurance brokerage owner has admitted to helping a longtime Jewish community leader steal more than $7 million from a prominent New York City charity has pleaded guilty to charges The New York Times says Joseph Ross pleaded guilty Wednesday …
December 13, 2013
Residents and officials in flood-prone north-central Pennsylvania are warning that a new federal law ending subsidized federal flood insurance rates in certain areas will bankrupt homeowners, drive down property values and deplete tax bases. They testified during a Wednesday hearing …
December 13, 2013
Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands-based AerCap, the world’s largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp (ILFC), …
December 13, 2013
ACE USA, the U.S. based retail operations of ACE Group, has appointed Carl Sutter as senior vice president, Distribution Management. Sutter will have responsibility for developing strategic broker relationships, and driving broker-specific distribution strategies on a national basis for all …
December 13, 2013
The top U.S. auto-safety regulator will step down, as his agency investigates fires in Tesla Motors Inc. electric cars and is behind schedule on implementing a rule requiring backup cameras in new cars. U.S. National Highway Traffic Safety Administration leader …