The mother of a boy who suffered a brain injury after falling at a Tucson, Ariz. elementary school has filed a $23 million claim against the school district. The Arizona Daily Star reported Saturday that the claim for Danette Pahl …
RSA, one of the UK’s principle commercial insurers, has launched a new Restaurants and Hotels insurance policy, which it said offers “flexible cover with a wealth of benefits to the hospitality trade. “It provides insurance for small-unlicensed hotels with up …
New Jersey Governor Chris Christie faces a federal investigation over his use of $25 million of Hurricane Sandy relief money for a commercial he starred in promoting tourism at the New Jersey shore. The inspector general’s office at the U.S. …
New Jersey’s mediation program to assist residents with unresolved insurance claims related to Superstorm Sandy has recovered $3.42 million for consumers since the program was launched last May, New Jersey Gov. Chris Christie’s administration announced on Jan 10. To date, …
The U.S. Supreme Court refused to let organic farmers and seed sellers challenge Monsanto Co.’s patents on genetically modified seeds. The justices today left intact a federal appeals court decision that threw out a lawsuit against Monsanto, the world’s largest …
In 2013, there were 296 separate natural disaster events that produced total economic losses of $192 billion – four percent below the 10-year average of $200 billion, but above the average 259 events, according to a report by global reinsurance …
Global regulators have taken a first step to identifying financial firms such as brokers and hedge funds that face extra scrutiny because of the risks they pose to the wider financial system. The Group of 20 economies (G20) agreed in …
European Union governments will implement all EU sanctions relief for Iran covered by a landmark nuclear deal on Jan. 20, the day the agreement takes effect – including lifting a ban on insuring its oil, officials said on Monday. Under …
ACE Limited (ACE) said it has agreed to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in 1947 and listed on the stock exchange of …
American International Group Inc. plans to add 600 advisers and expand their offerings to boost sales as rivals retreat from some retirement products. The insurer will increase the number of career agents at its newly named AIG Financial Network to …
