A South Carolina jury on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp. and later alleged that the company mismanaged his retirement nest egg with a risky strategy, according to a …
A federal appeals court on Friday upheld the dismissal of nearly all claims in 68 cases seeking to hold drug makers liable for injuries from the use of the prescription painkillers Darvon and Darvocet, which were pulled from the U.S. …
Dallas, TX – July 1, 2014 – U.S. Risk Insurance Group, Inc. (www.usrisk.com), the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Dean Mills a Vice President for the Houston office …
Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd., plunged to a record low amid doubts over whether the deal will be completed. Tower declined 19 percent to $1.65 at 9:52 a.m. yesterday in …
ING Groep NV, the biggest Dutch financial-services company, is likely to price the initial public offering of its European insurance arm at €20 [$27.38], in the middle of its original price range, according to a person with knowledge of the …
“An EU-wide compulsory environmental liability insurance system would not benefit customers and so should not be introduced,” according to Insurance Europe, the European insurance and reinsurance federation. The federation consists of 34 members, representing Europe’s national insurance associations. It includes …
The Environmental Protection Agency calls its carbon rules an economic winner that will deliver more than $10 in benefits for each dollar spent on compliance. The U.S. Chamber of Commerce says the economic costs of implementing the greenhouse-gas controls will …
In 2012, a small team of Google Inc. engineers and business staffers met with several of the world’s largest car makers to discuss partnerships to build self-driving cars. In one meeting, both sides were enthusiastic about the futuristic technology, yet …
