An elite team of 19 firemen were killed on Sunday in one of deadliest U.S. firefighting disasters in decades as flames raced through dry brush and grass in central Arizona, destroying scores of homes and forcing the evacuation of two …
New York-based reinsurance broker Holborn Corp. has acquired an ownership stake in Stonybrook Capital LLC, an investment banking advisor for the insurance and reinsurance industries. Holborn Chief Executive Officer Frank T. Harrison said the deal will help his firm’s clients …
About 550,000 people in Oregon do not have health insurance, and Aaron Karjala is confident the state’s new online insurance exchange will be able to accommodate them when enrollment under President Barack Obama’s healthcare reform begins on Oct. 1. What …
Steadfast Group Ltd., Australia’s largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in the country’s biggest initial public offering since 2010. The Sydney-based company plans to sell as many as 469 million shares …
CoreLogic Inc. agreed to buy three real estate data companies from TPG Capital’s Decision Insight Information Group for $661 million to expand its coverage of the property and casualty insurance industries. CoreLogic will acquire Marshall & Swift/Boeckh, DataQuick Information Systems …
China is expanding a pilot system that tracks the movement of meat and vegetables to the supermarket shelf as part of efforts to tighten supervision of its scandal-plagued food industry. Under the programme, which is voluntary, city governments are monitoring …
The RAND Corp. is launching a new research center that will analyze different approaches to compensating individuals, businesses and others following catastrophes ranging from natural disasters to terrorist attacks. The new Center for Catastrophic Risk Management and Compensation will be …
The state’s insurance commissioner has named a new chief executive to run Louisiana Citizens Property Insurance Corp., the state-run insurer of last resort. Commissioner Jim Donelon said he has named David Thomas to take the helm of the company. Thomas …
A federal judge has blocked Michigan’s ban on domestic partner benefits for employees who work for public schools or local governments, saying state lawmakers simply wanted to punish gays and lesbians. U.S. District Judge David Lawson said plaintiffs who have …
The founder of failed Kansas-based insurance franchising business Brooke Corp. has pleaded guilty to providing misleading information in a federal securities filing. Robert D. Orr, formerly of Smith Center, Kan., and now living in Denver, admitted to one count of …
