American International Group Inc. tapped the U.S. government for another $2.1 billion to buy shares of its aircraft leasing arm, International Lease Finance Corp, or ILFC, the insurer said in a regulatory filing Friday. AIG, bailed out last year by …
Willis Group Holdings announced plans to expand its successful Willis Commercial Network business model for serving independent brokers from its base in the UK to countries around the world. Willis selected Mark Radburn CEO, Willis Networks International, to oversee the …
A Baltimore brother and sister have been awarded $2.5 million in a lead paint case. Jurors decided Tuesday in favor of 20-year-old Dontae Wallace and 17-year-old Searra Wallace. Attorneys say their cognitive and behavioral disabilities are due in part to …
Aon Trade Credit, the UK’s largest credit insurance broker, has appointed Elizabeth Jenkin as sector leader for pulp and paper products in the UK. She will be responsible for leading a specialist team to deliver broking and technical support to …
The family of a Connecticut woman mauled and blinded by a chimpanzee sought Wednesday to sue the state for $150 million, saying officials failed to prevent the attack. Attorneys for Charla Nash’s family filed a notice Wednesday with the state …
Allstate Corp., the largest publicly traded U.S. home and auto insurer, reported a third qarter profit Wednesday, the improvement from a year ago loss made possible by lower catastrophe and investment losses. Net income was $221 million compared to a …
Mindful that the suburban West Bank of New Orleans has regained its pre-Hurricane Katrina population and is primed for growth, the Army Corps of Engineers is launching a $1 billion effort to keep the next storm at bay. The new …
Urged on by President Barack Obama, Democratic leaders in the House hustled Thursday to round up support for a sweeping healthcare overhaul headed to a close floor vote Saturday. The House drive for healthcare reform, Obama’s top domestic priority, was …
Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory Compliance. This coverage is specifically tailored to address the new and emerging …
U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill that passed the Senate by a unanimous vote Wednesday. The provision was added …
