ING Groep NV, the biggest Dutch financial-services company, will complete its reorganization two years earlier than planned after winning regulators’ permission to combine its Japanese insurance unit with European operations in a 2014 initial public offering. Under its agreement with …
Greenhouse gas emissions in 2020 will be 8 billion to 12 billion tons more than the level needed to keep global warming to only 2 degrees Celsius [3.6°F] and avoid severe climate change, a United Nations report estimated on Tuesday. …
RSA Insurance Group Plc tumbled after the U.K.’s biggest non-life insurer by market value said it will miss its profitability target in the wake of last week’s European windstorms. Wind damage in Europe and continued adverse weather in Canada will …
A Harahan manufacturing company has had to recruit outside Louisiana for skilled trade workers. The Laitram Corp. isn’t alone in its difficulty finding trained workers for such jobs as electricians and welders. Turner Industries Group, an industrial construction and vessel …
Leavitt Central Coast Insurance Services named Omar Perez vice president of alternative risk and affinity programs. Perez specializes in risk management and self-funded risk financing alternatives for commercial insurance clients. He has more than 30 years’ experience in the industry, …
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Elsey & Associates, a $4.5 million revenue agency based in Spring, Texas. Terms of the transaction were not disclosed. Founded in 1978 as …
With more than $600 billion in policyholders’ surplus, the insurance industry is very well capitalized in spite of a large loss from Hurricane Sandy last year. But even so, insurers have been keeping the price of property-catastrophe insurance relatively flat …
America’s European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the Clinton Administration. Former Secretary of State Madeleine Albright said …
AutoTown Insurance, an independent agency based in Norcross, Georgia, announced its acquisition of Fling Insurance Agency in Lagrange, Georgia. AutoTown said the acquisition highlights the firm’s expansion plans outside of the metro Atlanta market. AutoTown said the acquisition of Fling …
Florida state officials announced Tuesday that United Services Automobile Association (USAA) will expand its presence in Hillsborough County, creating up to 1,215 new jobs and $164.3 million in capital investment by 2019. To accommodate the anticipated growth, USAA will initially …
