Baloise Holding AG, Switzerland’s third-biggest insurer, rose the most in nearly three years after saying profit increased more than 40 percent in the first half. Profit will reach more than CHF 340 million ($375 million), the Basel-based insurer said today …
A lobbyist for the National Rifle Association said the gun lobby expects to support legislation in Alabama next year allowing people to carry a loaded handgun in their car without a permit. NRA lobbyist Michael Sullivan told Al.com that he …
The nation’s largest public utility has agreed to pay $27.8 million to settle claims from Tennessee property owners who suffered damages from a huge spill of toxin-laden coal ash sludge. The 2008 spill happened when a containment dike burst at …
New York’s banking regulator asked Ocwen Financial Corp. for information about an insurance agreement that it says may be designed to funnel fees to an affiliate for minimal work. Benjamin Lawsky, the superintendent of the Department of Financial Services, is …
Insurer American International Group Inc. reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across its major businesses and the sale of its former aircraft leasing unit. AIG noted that it bought back about $1.1 billion …
East Texas-based Threlkeld & Company Insurance (TCI) has promoted Dustin Glover to the position of vice president of commercial lines. Glover joined TCI five years ago as a producer, primarily writing oil and gas business. Threlkeld & Company Insurance (TCI) …
Lockton has two employee benefits experts to its Chicago operation. Joining Lockton in vice president, producer roles are David Cooke and Mark Haye. Both will be responsible for business development and client strategy at the privately held, independent insurance broker. …
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. In joining BHTP, Miller is reuniting with BHTP President John Noel. Noel hired Miller …
State officials say they’ve received approval of a $2.1 million low-interest, energy efficiency loan to support Jefferson Parish’s efforts to upgrade its flood-protection system. The Louisiana Department of Natural Resources says the loan is funded through the U.S. Department of …
AssuredPartners Inc. has acquired The Wright Group Services in Colorado. AssuredPartners made the acquisition through its subsidiary AssuredPartners of Colorado. The terms were not disclosed. Denver, Colo.-based The Wright Group specializes in employee benefits, property/casualty insurance and retirement services. The …
