Rates of serious workplace injury and illness vary significantly between states, even for workers in the same industries, according to a recent report. Allsup, a provider of Social Security Disability Insurance (SSDI) representation, said its report is based on data …
After two property/casualty insurers—Tower Group International Ltd. and Meadowbrook Insurance Group—said they would delay scheduled Securities and Exchange (SEC) filings last week, law firms set the wheels in motion for potential shareholder actions. Last Thursday, Tower Group postponed its second-quarter …
Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for approximately $276.5 million. Bollinger’s business includes retail property/casualty insurance placement; wholesale brokerage and program management; and employee benefits brokerage and …
India’s Mangalore Refinery and Petrochemicals Ltd said on Monday it expects to receive an Iranian oil cargo by the end of this week, the firm’s first purchase from the sanctions-hit nation since April. The resumption of shipments by MRPL, Iran’s …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Eni Insurance Limited (EIL), which is based in Dublin, Ireland, both with stable outlooks. EIL is the …
A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the pooled and reinsured members of the Tower US Pool. Best also placed under …
Senate Republican leader Mitch McConnell on Monday called on the Obama administration to delay the Oct. 1 opening of exchanges where uninsured Americans will be able to buy health insurance until the U.S. government can guarantee the protection of people’s …
Aon plc is making the best of its new London domicile. With its roots in Chicago, the home of one of the National Football League’s most historic teams, Aon has embarked on bringing NFL football to the UK Aon announced …
Catastrophe modeling firm AIR Worldwide reports that “Typhoon Utor slammed into the northern Philippine island of Luzon on Monday, August 12, at around 3:00 pm local time (7:00 UTC) with 10-minute sustained winds of 175 km/h (109 mph, JMA), gusts …
The Financial Stability Board said an extended version of its guidance on the resolution of systemically important banks will apply to non-bank financial institutions, such as Allianz SE and other large insurers. The Basel, Switzerland-based body set up by the …
