Gulf Coast Officials Enjoy Spending Spree at BP’s Expense April 12, 2011 By Melinda Deslatte, Michael Kunzelman and Mike Schneider In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP...
UK: Don’t Let Insurance Rules Spoil Royal Wedding Parties April 12, 2011 British Prime Minister David Cameron has urged local authorities not to use bureaucratic rules to prevent street parties celebrating the...
Federal Budget Cuts Eliminate Crop Insurance Premium Refunds April 12, 2011 The budget deal agreed to by President Barack Obama and Republican and Democratic leaders last Friday to avoid a government...
Aspen Adds Two Execs to U.S. Surety Unit April 12, 2011 Specialty insurer Aspen has added two execs to its Connecticut-based U.S. surety team. James Mercier will serves as senior vice...
A.M. Best Affirms Ratings of W.R. Berkley Group, Subsidiaries April 12, 2011 A.M. Best Co. has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-”...
Pennsylvania House Passes Tort Reform Bill April 12, 2011 By Kenneth J. St. Onge Pennsylvania House lawmakers have passed a major tort reform bill, an agent-supported move that sets up a vote in the...
Tokyo Nuclear Plant Company Could Face $23 Billion in Losses April 12, 2011 By Antoni Slodkowski Tokyo Electric Power could face 2 trillion yen ($23.6 bln) in special losses in the current business year to March...
AIG Urges Taiwan Unit Employees to Support Sale April 12, 2011 By Faith Hung American International Group Inc. has urged staff at Taiwan unit Nan Shan Life Insurance Co. Ltd to voice their support...
A.J. Gallagher Risk Management Services Adds 2 in Louisiana April 11, 2011 Arthur J. Gallagher Risk Management Services announced that it has added to its sales teams in the firm’s Baton Rouge...
Fires Remain Out of Control in Texas; McDonald Observatory Threatened April 11, 2011 Two huge range fires remained out of control on April 11, burning thousands of acres in far west Texas and...