ING Groep NV, the biggest Dutch bank, said it will sell its remaining 19 percent stake in Voya Financial Inc., completing its slow-motion exit from its former U.S. insurance unit. Voya will repurchase $600 million of its shares in connection …
China’s Premier Li Keqiang has told the world’s fastest-growing major insurance industry to boost capital as rating companies warn of shadow-banking investments. Policy providers will need cushions commensurate with their risks rather than just size, the industry regulator said Feb. …
A deadline is approaching for West Virginia farmers to buy insurance for crops planted in the spring. March 15 is the closing date to either buy crop insurance or change an existing policy. The U.S. Department of Agriculture’s Risk Management …
The Hilb Group, LLC (THG) has acquired West Coast Insurance (WCI) of Tampa, Fla. The transaction became effective on March 1. WCI will continue to operate at its current location under the leadership of previous owner and president, George Lackey. …
It was 78 degrees and sunny yesterday when Tammy Perdue was packing her suitcase and the local forecast called for more of the same all week. Perdue, general counsel for Associated Industries of Florida (AIF) in Tallahassee, is on her …
Reno, Nev.-based LP Insurance Services Inc. has named Terrin Hicks to its northern Nevada sales team. Hicks is responsible for developing new business relationships, and retaining and servicing existing clients. Hicks, formerly an assistant store leader at Scheels Sporting Goods, …
Economic growth lies ahead for nine Midwestern and Plains states despite pullbacks in the energy sector, according to a monthly report released on March 2. The overall Mid-America Business Conditions Index climbed to 57.0 in February from 54.8 in January, …
The general manager of a ski resort vandalized by University of Michigan students estimates the total damage is about four times the original estimate. Barry Owens of Treetops Resort in Gaylord tells the Detroit Free Press the price tag will …
ExxonMobil has paid more than $4.6 million to nearly 2,900 motorists impacted by the company’s production of more than 5 million gallons of tainted fuel distributed in the Baton Rouge area in March 2014. “ExxonMobil proactively honored all valid claims …
A New Jersey congressman is asking for the resignation of Federal Emergency Management Agency (FEMA) Administrator W. Craig Fugate and an immediate investigation into FEMA after reports that FEMA was aware of allegedly fraudulent engineering reports that may have been …
