Rock-bottom interest rates could erode insurers’ earnings power and financial strength for years to come, putting an end to a string of stronger-than-expected rises in dividends, analysts said in reports published on Thursday. Credit rating agency Moody’s said it expected …
In the U.S., this past year has had more than enough reminders of how weather can affect our lives. California is heading into its fourth year of drought because it didn’t get enough snow. Boston is just emerging from a …
Philip Smith’s son thought the worst when friends texted him on an evening in early November 2013, saying “sorry to hear about your father.” “He assumed I was dead,” Smith, 47, told an employment tribunal in Dublin this month that …
Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia. …
North Carolina legislators are stopping efforts to legalize marijuana to treat medical conditions. A state House committee voted Wednesday to kill a medical marijuana bill. Advocates say marijuana helps to manage chronic pain, and relatives of injured military veterans spoke …
The Main Street America Group has appointed Chris Cox as president of the carrier’s newly created Florida Region. Main Street America’s primary brand in Florida is Old Dominion Insurance Co. Florida has become Main Street America’s second largest state with …
Lawyers for businesses and people affected by a massive chemical spill last year say a settlement to fund community projects is no longer being considered. In June 2014, lawyers for the groups affected by the Freedom Industries spill proposed the …
Insurers doing business in New York State must tell a regulator there about efforts to prevent computer hacking, detailing the precautions taken and the personnel devoted to the task. Benjamin Lawsky, superintendent of the state Department of Financial Services, said …
The U.S. was barred by a federal judge from immediately enforcing a new rule that would grant Family and Medical Leave Act benefits to same-sex couples. Texas sued the U.S. last week, claiming that the government’s definition of spouses would …
Insurance wholesaler J.M. Wilson has promoted Jenna Caschetta to property/casualty underwriter in its Arlington Heights, Ill., office and added Gerry McCabe as P/C underwriter. Caschetta is responsible for quoting new and renewal accounts for a wide variety of commercial property …
