Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month. Allstate also said that Drivewise is launching in Kentucky and Montana this week, making the usage-based …
Maurice “Hank” Greenberg, former head of American International Group Inc., said the Federal Reserve could disrupt financial markets by curbing bond buying too quickly and that Janet Yellen would take a measured approach. “It’s got to be done gradually,” Greenberg, …
Restaurant owners Colleen and Tim Holmes were considering opening a third business in a growing upstate New York suburb but decided against it. One factor was the risk from expanding their staff beyond 50 full-time employees and having to provide …
The state Supreme Court has denied a bid by institutional shareholders in the former Massey Energy Co. to revive a lawsuit they filed two weeks after the Upper Big Branch mine disaster. In an order released Friday, the justices upheld …
Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. “We decided to change our name to better reflect what we …
Over the next several weeks we will be releasing a series of video interviews, recorded at the Reinsurance Rendez-vous in Monte Carlo. They are wide ranging, covering a number of topics. They will air the views from some of the …
Citizens Property Insurance Corp. has filled a pair of key positions. Jennifer Montero will become Citizens chief financial officer. Montero, a certified public accountant who has served as interim CFO since June, has been with Citizens and its predecessor organizations …
Hundreds of thousands of people were advised or ordered to evacuate in Japan as Typhoon Man-Yi brought flooding, power blackouts and flight cancellations to the western and central parts of the country. At least one person died, while three were …
An unprecedented operation to right the Costa Concordia began today off the Italian island of Giglio, where the cruise liner has been lying on its side since it capsized 20 months ago, killing 32 passengers. The parbuckling, or vertical rotation, …
Hurricane Ingrid, bearing down on eastern Mexico as Tropical Depression Manuel dissipated over west-central areas, will probably make landfall today, with both systems forecast to bring life-threatening floods. The second hurricane of the Atlantic season is about 95 miles (155 …
