August 18, 2014
National Australia Bank Ltd., the nation’s largest lender by assets, will set aside more than £245 million ($410 million) in its full-year result for compensation related to U.K. insurance and hedging products. The Melbourne-based lender’s shares fell 0.9 percent to …
August 18, 2014
Amlin Plc, the second-biggest Lloyd’s of London insurer by market value, posted an eight percent drop in first-half pretax profit on losses from foreign exchange and natural catastrophes. Profit declined to £148.5 million ($248.5 million) from £161.4 million [$270 million] …
August 18, 2014
Berkshire Hathaway Travel Protection (BHTP) expanded its national sales force by hiring Bill Miller as executive vice president – sales. He is based in Grapevine, Texas. Prior to coming to BHTP, Miller was the senior global-supplier-management director at Paris-based Carlson …
August 18, 2014
The massive fertilizer plant explosion that killed 15 people last year is unlikely to meaningfully change regulatory or safety rules in Texas until at least 2016 under a bill proposed by lawmakers tasked with scrutinizing the blast. The prospect of …
August 18, 2014
Forecasters with the National Weather Service raised the likelihood for a below-normal season in their most recent Atlantic hurricane season outlook. The Aug. 7 update predicts a 70 percent chance of a below-normal season, a 25 percent chance of a …
August 18, 2014
Retail insurance agents in Texas are allowed to charge certain fees in addition to a commission in relation to selling an insurance policy, but those fees must be disclosed to the customer. “Texas is one of the few states that …
August 18, 2014
Organizers of the biggest comic-book convention in the nation sued their counterparts in Salt Lake City over the event’s name, saying it confuses fans into thinking the two are affiliated. San Diego Comic-Con’s lawsuit, which was filed early August in …
August 18, 2014
Salt Lake City, Utah-based The Buckner Co. is making several leadership changes. Terry H. Buckner, formerly the president and CEO, will now serve as chairman and CEO. Buckner plans to focus more of his attention now on external growth and …
August 18, 2014
A settlement agreement in a Lane County, Ore., drunk driving lawsuit appears to award slightly more than $180,000 to the victim’s heirs. The mother and two children of a Cottage Grove woman killed by a drunken driver in 2012 have …
August 18, 2014
The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. Court records allege Alkayisi engaged in an elaborate scheme …