Democrats in the Kansas House demanded Feb. 24 that its Republican speaker remove himself and his law firm from a lawsuit against the state, threatening “formal action” if he doesn’t comply. Six Democrats sent a letter to Speaker Mike O’Neal, …
Germany’s Allianz Group posted preliminary figures for 2009, indicating that its net income rose by 13.2 percent to €4.7 billion [$6.4 billion]. Revenues were up up 5.2 percent to €97.4 billion [$132.5 billion]. Life and Health revenues exceeded €50 billion …
The Woodlands Financial Group, Inc. (TWFG), a retail and managing general agency headquartered in The Woodlands, Texas, has opened three new branch locations. Cal Nunnally opened a new branch location in Garland, Texas. Nunnally comes to TWFG with more than …
An independent board of scientists will be appointed to review the world’s top climate science panel, which has been accused of sloppy work, a U.N. climate spokesman said on Friday. The Intergovernmental Panel on Climate Change (IPCC) has been under …
A newly published report from the Geneva Association, which analyzes the role played by “insurance in financial stability and its systemic relevance,” has concluded “that the core activities of insurers and reinsurers do not pose systemic risks due to the …
A bulletin from Marsh’s London office warns Organizations in England and Wales that they must embed “robust health and safety risk management practices or face severe financial and reputational penalties in the event of a successful corporate manslaughter prosecution.” Marsh’s …
High percentages of minorities, foreign-born residents and college-aged people in Nebraska lack health insurance, according to new report. The Center for Public Affairs Research at the University of Nebraska at Omaha compiled the report based on U.S. Census data. It …
American International Group, Inc. (AIG) reported a net loss of $8.9 billion for the fourth quarter of 2009, compared to a net loss of $61.7 billion in the fourth quarter of 2008. The company said that net loss in the …
Boston-based consulting firm Celent (a part of Oliver Wyman) has been assessing the “subtle but important differences in how insurers from various countries” respond to the issues facing the industry. It has just released a new report, “Insurance in France …
President Barack Obama and Republicans clashed frequently Thursday at a summit on his stalled healthcare overhaul, battling over the size and cost of the proposal and moving no closer to a compromise agreement. Obama told about 40 congressional leaders his …
