Tuscaloosa, Alabama police are using undercover operations to nab drivers with the Uber ride-sharing service. Police said Wednesday a two-night sting last week resulted in a 50-year-old Mississippi woman getting tickets for charges that include operating a cab without a …
This weekend’s 25th anniversary of Hurricane Hugo offers South Carolina residents the chance to remember the devastation wrought by their worst storm in the past century – and to be ready in case another such tempest comes. Hugo made landfall …
A federal bankruptcy judge has approved a $2.9 million settlement that would benefit 300,000 people whose water was contaminated in a January chemical spill. Judge Ronald Pearson filed the order this past Tuesday in U.S. Bankruptcy Court in Charleston. Pearson’s …
British insurer Aviva is selling its stake in joint venture CxG Aviva for €287 million ($369 million) to venture partner Novacaixagalicia (NCG) Banco after a Spanish tribunal ruling cleared the way for a deal. The cash deal is expected to …
Willis Employee Benefits Limited, part of Willis Group Holdings plc, has partnered with Now Health International and Healix International to offer affordable medical plans for clients with fewer than 99 expatriate employees. A special feature of the medical plan is …
Home Depot Inc. Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s unprecedented breach at Target Corp. Home Depot, …
American International Group Inc. named Kevin Hogan to lead its main life insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up management. Hogan takes on the duties from life-unit CEO …
Reinsurers are being squeezed by price competition and subdued demand from insurers for their products, and traditional mergers may not be enough to save those that lack either global reach or specialized focus. Medium-sized, “me-too” reinsurers are ripe for consolidation, …
As the former head of A.M. Best in London, and a senior executive with Standard & Poor’s, Litmus Analysis Senior Partner Stuart Shipperlee has a very complete knowledge of what re/insurance company ratings are, and, perhaps more importantly, what they …
Massachusetts Gov. Deval Patrick is sharply criticizing a report that puts a price tag of about $1 billion on the implementation of the federal Affordable Care Act in Massachusetts. The Pioneer Institute, a conservative-leaning think tank, said in a report …
