August 6, 2015
Automatic Data Processing Inc., the payroll- processing giant, will offer companies a new way for their employees to select health benefits, challenging firms like Towers Watson & Co. and Marsh & McLennan Cos. ADP is introducing an online service known …
August 6, 2015
Zurich Insurance Group AG, the Swiss firm considering a bid for the UK’s RSA Insurance Group plc, reported profit that missed analysts estimates as earnings dropped 43 percent at the general insurance unit and it made a loss on unit-linked …
August 6, 2015
Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe claims. The shares rose. Net income rose to 1.07 billion euros [$1.14 billion] in the second quarter from 758 million …
August 6, 2015
According to catastrophe modeling firm AIR Worldwide, Typhoon Soudelor is “the strongest tropical cyclone anywhere on earth thus far in 2015 based upon estimated wind speed.” The storm is continuing on its path for a direct hit on Taiwan AIR …
August 6, 2015
Malaysia said on Thursday that paint color and maintenance-record matches prove that a piece of wing found on the shore of the French Island of Reunion in the Indian Ocean was part of the wreckage of Malaysian Airlines flight MH370, …
August 6, 2015
Underwriter Martin King has been appointed to help expand AEGIS London’s professional indemnity (PI) capabilities and product offering. King joins from Novae, where he was unit head for PI and directors & officers. King has worked in the insurance market …
August 6, 2015
Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $76.0 million and $1.68 per diluted common share for the second quarter of 2015 versus net income of $75.0 million and $1.68 per diluted common share for …
August 6, 2015
The Tennessee Attorney General’s opinion says private organizations can’t prevent licensed handgun permit holders from taking weapons into events the groups operate at public parks. The Tennessean reported the July 29 opinion said under a new state law, local governments …
August 6, 2015
Atlanta police say a minivan tops the list of vehicles most often targeted by vehicle thieves. FOX 5 News reports that Dodge Caravans were targeted in 172 thefts or attempted thefts in 2015. The Honda Accord and Jeep Cherokee were …
August 6, 2015
DeSoto County supervisors want the Corps of Engineers to coordinate a unified flood-prevention effort. Letters from the board seek to get the Vicksburg and Memphis districts in the same boat with DeSoto and its North Mississippi neighbors to identify “escalating …