March 17, 2010
The Mississippi River is starting its spring climb with forecasters predicting a rise of more than a foot a day beginning at midweek. The result could be another year of flooding in the Vicksburg area. “Right now, we’re looking at …
March 17, 2010
France’s AXA Group announced that it will file a Form 25 with the U.S. Securities and Exchange Commission to voluntarily delist its American Depositary Shares (ADS) from theNew York Stock Exchange. AXA said the “last trading day of the ADS …
March 17, 2010
The Hartford said it would conduct a public offering of equity and debt securities as part of a plan to repay the $3.4 billion it took from the federal government as part of the Treasury’s Capital Purchase Program, also known …
March 16, 2010
A Virginia woman whose son drowned at Smith Mountain Lake State Park has filed a $15 million lawsuit against the state and several other defendants. Dora Mae Henley’s lawsuit claims the death of her 12-year-old son, Marvin Strickland, was partly …
March 16, 2010
The Sarasota HeraldTribune, as part of its series on the property insurance market in Florida, has reported that half of the state’s insurers are making money not from insuring homes but by diverting premiums into side ventures. The copyrighted report …
March 16, 2010
Preferred Guardian Insurance (PGI), based in Dallas, Texas, announced it has opened a wholesale division and added its first two agencies: PIP Insurance Services in Dallas and Alkali Insurance Services in Plano. PGI’s wholesale program looks for agents new to …
March 16, 2010
CNA has enhanced its current coverages for precasters with the Concrete Product Rework endorsement, which will reimburse precasters for expenses arising out of the removal, repair or replacement of defective precast concrete products. In addition, the Concrete Product Rework endorsement …
March 16, 2010
Independent insurance and financial services brokerage firm, Higginbotham & Associates, has engaged EnRisk Services, an insurance broker and risk manager for the energy industry, to supplement its existing Energy Division. Both firms are headquartered in Fort Worth, Texas. Higginbotham launched …
March 16, 2010
While discussion about economic recovery focuses primarily on expanding job growth in existing companies, a new study suggests policies should be focused more on creating a favorable environment for entrepreneurship— and particularly high-growth entrepreneurship— because top-performing companies are the most …
March 16, 2010
A Louisiana parish council is asking hundreds of companies that make money on community contracts whether they also buy insurance from an agency owned by a former parish administrator. The letters to 404 companies are the broadest sweep yet of …