Democrat Charlie Crist said he successfully reduced rising property insurance rates as governor and will do so again if elected, vowing to repeal a law enacted under Republican Gov. Rick Scott that he said provides weaker coverage at a higher …
General Motors Co., the largest U.S. automaker, will introduce a Cadillac model in two years that can travel on the highway without the driver holding the steering wheel or putting a foot on a pedal. The 2017 Cadillac model will …
As far as natural perils go, August was mostly about earthquakes, along with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield’s Impact Forecasting in its latest global catastrophe report. Earthquake …
BP Plc got support from the U.K. government in its U.S. court fight over the level of compensation required under a settlement of lawsuits stemming from the 2010 Gulf of Mexico oil spill. The U.K. told U.S. Supreme Court judges …
Former officers and directors of MF Global Holdings Ltd. have already spent more than $48 million defending themselves from lawsuits, a sum U.S. Bankruptcy Judge Martin Glenn called “staggering” considering examinations under oath haven’t even begun. In a 23-page opinion …
Willis Group Holdings plc has appointed Huichih Ko as Chairman of Willis Asia, effective September 9. He will be initially based in the Singapore HQ of Willis Asia, which employs around 890 associates in 36 offices. The announcement said he …
An earthquake struck the region around Iceland’s Bardarbunga volcano on Sunday while fissures in the area continued to spew out lava but still none of the ash that could hamper airline traffic. The earthquake occurred at 0708 GMT and reached …
Fast-moving floodwaters submerged large parts of the main city in Indian-controlled Kashmir on Sunday after five days of pounding rain. The flooding, the worst in 50 years, has killed at least 120 people across the Himalayan region. On Sunday the …
Dallas, TX, 9/15/14 – 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 opened a new office in the city of Fort Worth, Texas. The new …
Anchor Insurance Holdings is purchasing Beaumont, Texas-based Southeast Surplus Underwriters General Agency, Spindletop Premium Finance, and Ranchers and Farmers Insurance Co. from Mirage Interest Inc., the companies reported. According to information posted on its website, Mirage Interest is a descendant …
