Unpaid internships are legal when they are closely tied to interns’ educations, a U.S. appeals court in Manhattan said on Thursday in reversing a decision that Fox Searchlight Pictures Inc. broke the law by not paying interns. The lower courts …
Aon Benfield, the global reinsurance intermediary, issued a call to the insurance industry to “collaborate to innovate, in order to obtain the most useful risk management insights from catastrophe models.” The call coincides with today’s launch of version 9.5 of …
PartnerRe Ltd.’s former Chief Executive Officer Patrick Thiele said the reinsurer’s shareholders should vote against a planned merger with AXIS Capital Holdings Ltd. and called the cash offer from Italy’s EXOR SpA a better option. A combination with AXIS would …
Four Kentucky couples are suing a clerk who is refusing to issue gay-marriage licenses – or any marriage licenses at all – following the U.S. Supreme Court decision that same-sex couples have a legal right to marry. The American Civil …
Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority …
On a twisty, snow-lined hill that the locals call “Devil’s Backbone,” a 12-ton semi-trailer came loose from its tractor and plowed into an oncoming line of pre-dawn commuters. At 40 miles per hour, the trailer struck the side of one …
The Missouri Department of Insurance announced a regulatory agreement with American Modern Insurance Group Inc. over allegations that the company charged excessive rates in lender placed homeowners policies. Missouri regulators participated in a multistate market conduct action of American Modern …
Redpoint Insurance Group LLC has acquired Safeway County Mutual Insurance Co. in Dallas, Texas. Terms of the transaction were not disclosed. Safeway County Mutual Insurance will operate under the name Redpoint County Mutual Insurance Co. Redpoint County Mutual will specialize …
Meadowbrook Insurance Group Inc., based in Southfield, Mich., that on July 1, 2015, Fosun International Limited received the required approval from the Ohio Department of Insurance regarding the acquisition of control of Meadowbrook’s insurance company subsidiary, Century Surety Co., domiciled …
One man has been jailed and another is being sought as county officials in Florence and Clarendon, South Carolina say they’ve discovered a heavy equipment theft ring that operated in six counties. The Morning News of Florence reported that 31-year-old …
