June 24, 2013
The parents of two students who were among those injured when a bus crashed on a Kentucky interstate as the group returned from a college campus visit have sued the charter bus operator, claiming the vehicle was not properly maintained. …
June 24, 2013
Florida’s largest property insurer, already under fire for everything from recent business deals to how much it pays its executives, is readying another round of rate hikes for homeowners. The board of Citizens Property Insurance Corp. meets next week in …
June 24, 2013
Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down in 2013 from an all-time high in 2012, but remains comparatively high relative to the previous decade, according to the …
June 24, 2013
As the Hispanic and Latino populations continue to grow, so should the insurance company options available to them. That is the thinking of one new Hispanic-focused insurance venture. Paul Areida, CEO of the newly formed Protector Holdings, said the acquisition …
June 24, 2013
Miller Insurance Services LLP, the UK-based specialist insurance and reinsurance broker, has appointed Simon Weaver as Head of Asia as of September 1, 2013 He joins Miller from JLT Asia where he was CEO of JLT Specialty Asia, responsible for …
June 24, 2013
“In some high-risk areas, ocean warming and climate change threaten the insurability of catastrophe risk,” according to one of the conclusions of a research report issued today by the Climate Risks and Insurance working group of international insurance think tank, …
June 24, 2013
Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller communities in southeastern Alberta. Even as officials told 65,000 …
June 24, 2013
Swiss Re Ltd., the world’s second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost profitability and increase its dividend. Swiss Re expects costs savings of as much as $300 million by 2015 to help …
June 23, 2013
The U.S. Congress is headed for a second stop-gap extension of current farm law if Republican leaders in the House of Representatives cannot get new legislation back on track after a stunning defeat. Farm lobbyists and analysts on Friday said …
June 23, 2013
BP Plc and its contractors should be found grossly negligent for their actions in the April 2010 blowout of the Macondo well and the subsequent Gulf of Mexico oil spill, plaintiffs’ lawyers told a judge. U.S. District Judge Carl Barbier …