A New Mexico House panel is set to debate a measure that would take away driver’s licenses of high school students who stop attending class. The House Education Committee this week took up a bill that suspends the driver’s licenses …
The Florida Office of Insurance Regulation has approved the removal of up to 78,897 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. by the following four companies: First Community Insurance Co. ‒ approved to remove …
A simmering dispute over liability in home construction is heating up at the Colorado Legislature. A bipartisan group of lawmakers announced a bill Tuesday to address the construction-defects law. The law governs how homeowners can sue builders for shoddy construction. …
U.S. President Barack Obama singled out office supply giant Staples Inc. as undercutting his healthcare reform law and said large corporations should not use the health insurance issue as an excuse for cutting wages, the news website BuzzFeed reported. “It’s …
Just in time for Valentine’s Day comes research warning against the use of popular dating apps on corporate smartphones. An analysis conducted by IBM Security found that more than 60 percent of leading Android dating mobile apps they studied to …
MAPFRE SA, Spain’s biggest insurer, recorded a 6.9 percent rise in net income last year on higher returns in its home market. Net profit grew to 845 million euros ($956 million) from 790.5 million euros a year earlier, the Madrid-based …
The Cayman Islands captive insurance industry reported steady growth in 2014, with 22 new captives formed, according to the Insurance Managers Association Cayman (IMAC). The total number of captives domiciled in Cayman was 759 as at 31 December 2014, pure …
Arch Capital Group Ltd., a Bermuda-based insurance and reinsurance company, reports that net income available to Arch common shareholders for the 2014 fourth quarter was $209.7 million, or $1.60 per share, compared to $156.0 million, or $1.14 per share, for …
Government ministers will launch the UK’s driverless car trials in the Royal Borough of Greenwich – the location chosen for one of the Government-backed projects, in which RSA is the insurance partner. The announcement said the “trials officially get underway …
XL Group announced it has appointed Robin Johnson as country manager for Singapore with responsibility for continuing to drive the growth of the group’s insurance business in the region. Johnson, whose industry career spans senior positions in underwriting, distribution and …
