The debate over regulating mopeds in North Carolina resumed Tuesday as legislators heard new rule suggestions from the Division of Motor Vehicles just months after the General Assembly mandated owners register the vehicles. DMV Commissioner Kelly Thomas said lawmakers also …
Willis Group Holdings announced that Scottish independent broker, Clark Thomson Insurance Brokers Ltd (CTIB), has agreed to join Willis Commercial Network (WCN) in a deal that includes the purchase of Willis’s Commercial business unit in Scotland, which focuses on small …
Canopius Group Limited, the global specialty insurance and reinsurance platform of Sompo Holdings, is expanding its its U.S. operations with the appointment of Bradley Winfield as head of U.S. Direct Property. Bradley joins Canopius from Ironshore, where he was most …
A group of U.S. Republican lawmakers introduced a bill on Wednesday to extend the term of the U.S. export credit agency for five years past its current June deadline. The Export-Import Bank, which provides support to U.S. exporters and the …
ACE Limited reported Q4 operating Income of $827 Million and record full-year Earnings of $3.3 Billion, up 4.7 percent per share. Net income for the fourth quarter ended December 31, 2014, was $1.66 per share, compared with $2.90 per share …
Willis Group Holdings has published a new analysis from Oxford Analytica in the form of the “VAPOR Political Risk Model,” which, it said, “helps companies assess the financial exposure to a suite of political risks for the first time. As …
Pacific Ocean La Niña events that trigger droughts in the U.S. Southwest, floods in China and raise the chances for tropical systems in the western part of the basin, as well as in the Atlantic, will likely occur twice as …
AirAsia Bhd. Flight 8501 climbed to an unauthorized altitude fast and steep before the aircraft fell into the ocean, Indonesian investigators said in their first description of the last moments of the ill-fated plane. From a cruising altitude of 32,000 …
The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall profitability took a noticeable dip. As well the annualized rate …
Super Bowl Sunday is among the most dangerous days to venture onto California roads as gatherings for the game at parties or restaurants prompt drivers to consume alcohol. More drinking-related crashes happen in California on the day of the National …
