A deep-sea hunt for the missing Malaysian passenger jet has focused on the wrong place for nearly two months, officials said today, after a survey of a remote stretch of the Indian Ocean found no trace of wreckage. A zone …
ING Groep NV will try to execute Europe’s biggest initial public offering this year even as investor demand declines and competing share sales increase. The largest Dutch financial-services company is seeking to value its European insurance unit NN Group NV …
A slide in reinsurance rates under competition from catastrophe bonds is starting to weigh on prices that companies like Zurich Insurance Group AG charge their own customers. The decline in the cost of reinsurance is “more of a problem than …
President Barack Obama will announce $86 million in projects to improve detection of concussions in children and research their effects, an effort to reassure parents concerned by the rise of brain injuries in youth sports. The initiatives will be largely …
A New York state judge has rejected a request by Maurice “Hank” Greenberg, the former American International Group Inc. chief executive officer, to dismiss a long-running civil lawsuit by the state’s attorney general. Greenberg, now 89, and former AIG Chief …
New York City officials are launching a hurricane awareness campaign to help residents prepare for the upcoming storm season. “Know Your Zone” is being billed as a “one-stop-shop” for hurricane preparedness. New Yorkers can log onto the city’s website (http://nyc.gov/knowyourzone) …
Liberty Mutual Insurance’s Specialty Excess Casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast.
Keystone Insurers Group has named Matthew Sinosky as its director of business development. He is based in Keystone’s Northumberland, Penn., headquarters.
Aon Risk Solutions, the global risk management business of Aon plc, has promoted Jim Stucker to assistant vice president and producer in its Chicago office. Stucker will primarily focus on new business development. Previously, he served as a broker within …
AVID Risk Solutions of Madison, Wis., announced a partnership with the Brent Harris Agency of Prairie du Sac, Wis. The merger of the two companies is effective June 1, 2014. The Brent Harris Agency will continue to service current and …
