March 27, 2017
John F. Sullivan Jr. had a passion for insurance, doing business and sailing. Jack Sullivan died on March 19 at age 83 after a long career in insurance. Jack was born Oct. 7, 1933 in Spokane, Wash. to John F. …
March 27, 2017
A California mother and son were sentenced for auto insurance fraud. Henrietta Silva, 71, and her son, Peter Silva, 42, were sentenced in the San Diego Superior Court after submitting multiple fraudulent auto insurance claims. Henrietta Silva was sentenced to …
March 27, 2017
The worst cyclone in six years is set to smash into the coast of Queensland on Tuesday morning, forcing thousands of Australians to evacuate or seek emergency shelter and prompting some of the world’s biggest miners to halt coal operations. …
March 27, 2017
Zurich Insurance Group AG wants more freedom from its shareholders to raise money quickly. That’s odd. Switzerland’s largest insurer has no capital hole that needs filling. The move suggests newish CEO Mario Greco may be concerned about missing out on …
March 27, 2017
The owners of a New Jersey diner have admitted burning it down to collect insurance. Sussex County prosecutors say 49-year-old Tina Diakos and 40-year-old Ozkan Cengiz pleaded guilty to arson on Wednesday. Prosecutors say the pair said business at the …
March 27, 2017
Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs. Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state Department of Labor projected there will be a $76 …
March 27, 2017
A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc. customers gave up their right to sue the company when they registered for its popular taxi hailing service. The case could have wider implications …
March 27, 2017
Saudi Arabia is facing a renewed $6 billion lawsuit by dozens of insurers seeking to hold it responsible for business and property damage caused by the Sept. 11, 2001 attacks. The lawsuit filed late Thursday in the U.S. District Court …
March 27, 2017
London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a study. New York held on to …
March 27, 2017
Belize SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is providing US$100,000 to the government of Belize to purchase 40-50 automatic weather stations that will provide the Meteorological Service of Belize with access to real-time rainfall data. The weather stations …