U.S. Supreme Court justices on Tuesday signaled they may have some difficulty deciding whether employees at private firms that contract with public companies are subject to whistleblower protections. The justices appeared conflicted as they considered whether two whistleblowers are legally …
Charoen Pokphand Group Co., the largest stockholder in Ping An Insurance Group Co., pledged about 880.2 million Hong Kong-listed shares in China’s second- largest insurer to UBS AG to back financing. CP Group’s ownership in Ping An through units dropped …
Europe may be nearing an agreement on rules that aim to make insurance companies safer after 13 years of wrangling between politicians, companies and regulators. Insurers and European Union officials are working out a compromise on the capital they need …
Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the past quarter century. The report holds …
Citing the emerging trend of frivolous patent lawsuits filed against startups and technology companies, Massachusetts Attorney General Martha Coakley announced that her office is exploring ways to end baseless patent trolling.Patent trolling is the practice of legal shell companies, which …
U.S. Risk Insurance Group, Inc., a nationwide managing general agency and surplus lines, has launched a new program for Texas lawyers’ professional liability through its U.S. Risk Pro division. This admitted program, written on AmTrust Group insurance carrier paper, has …
New York State will spend $13 million on flood barriers for the industrial district of Long Beach, Long Island. The district was badly damaged by Superstorm Sandy. It houses essential infrastructure facilities that include a water treatment plant, storage tower …
AssuredPartners of Missouri, an AssuredPartners Inc. platform operation, has completed the asset acquisition of the AHM Financial Group LLC insurance business. The St. Louis, Mo.-based agency offers commercial, personal and employee benefits insurance for businesses and individuals. AHM Financial Group …
Select Insurance Markets LP (SIM) has added Leila Paschali to its marketing team. Paschali is based in Austin, Texas. Her responsibility will include marketing and adding additional new agents in both Texas and Louisiana. Paschali previously worked as a sales …
Sleeper Sewell Insurance Services Inc., a division of ANBTX Insurance Services, has acquired Planned Benefit Services Inc., a Dallas-based employee benefits division of Foster Financial Group. Established in 1988, Planned Benefits offers employee benefits programs and client resources including health …
