February 25, 2015
Fires killed 15 children in Ohio last year and have claimed at least 11 young lives in just the first two months of 2015, according to the state fire marshal’s office. Many factors affect those statistics, but the chief of …
February 25, 2015
A bill to legalize cannabis oil to treat seizure disorders and seven other debilitating health problems passed a key committee in the Georgia House on Monday but faces an uphill battle in the state Senate, even in its latest, watered-down …
February 25, 2015
Some homeowners hit by Hurricane Sandy say they’ve been victimized twice: first by the storm and later by insurers. John Clancy says his insurer, an Allstate Corp. unit, paid just $46,000 of the more than $200,000 in repairs needed on …
February 25, 2015
College basketball’s tradition of storming the court after big upsets poses a potentially devastating liability threat to universities and athletic departments, personal injury lawyers said. Video showed coaches being pushed into tables and fans colliding with players when Kansas State …
February 25, 2015
The FBI said it’s close to finding the hackers responsible for the attack on health-insurance company Anthem Inc. that exposed personal data on about 80 million customers. Federal Bureau of Investigation officials are still deciding whether to publicly reveal information …
February 25, 2015
The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance regulations Cayman enacted in January to provide risk management alternatives for insurers incorporated as segregated portfolio companies (SPCs). AARIS Insurance …
February 25, 2015
Willis Group Holdings plc announced that it has agreed to purchase a 49 percent stake in Almondz Insurance Brokers Private Limited, an Indian insurance broker with nearly 300 associates in nine offices in India serving clients with a broad range …
February 25, 2015
Standard & Poor’s Ratings Services has maintained its ‘BBB’ long-term counterparty credit rating on Bermuda-based Platinum Underwriters Holdings Ltd. on CreditWatch with positive implications. S&P has also maintained its ‘A-‘ counterparty credit and financial strength ratings on Platinum’s operating subsidiaries …
February 25, 2015
In a new sigma report, the first for 2015 Swiss Re concludes that “demand and expectations for better healthcare services are rising in the emerging markets,” and that as a result it expects “premiums for reimbursement-type products to double by …
February 25, 2015
Europe’s insurers are preparing to boost dividends to the highest of any industry except utilities, making use of expanding surplus capital to offer investors an alternative to record low interest earnings from bonds. Companies including Allianz SE, Europe’s biggest insurer, …