Ohio’s relatively low rates for property insurance are expected to rise in 2012 due to the damaging storms of recent years. An insurance agent in Middletown in southwest Ohio says Mother Nature has had her way with the state. Gary …
Senate and House leaders have put their online piracy bills on the back burner after a week of heavy lobbying by technology industry critics of the bills. “It is clear that we need to revisit the approach on how best …
Starr Companies has appointed Shane McCaffrey as profit center manager in charge of Defense Base Act and foreign casualty insurance for U.S.-based multinationals. Starr Companies said Defense Base Act and foreign casualty insurance is a key component to its growth …
Some of the more than 600 people who fell ill while visiting an upstate New York indoor water park are part of a class-action lawsuit filed against the business. The Post-Star of Glens Falls reports that the lawsuit was filed …
Following near-record global catastrophe losses in 2011, Bermuda-domiciled reinsurers are positioned to benefit from an improved underwriting and somewhat better pricing environment this year, according to analysts at Fitch Ratings. Fitch Ratings said it sees the Bermuda market as fundamentally …
A deadly ice storm swept across the Pacific Northwest on Thursday, adding to the misery of residents struggling with power outages and treacherous roads since an earlier record snowfall. Washington’s governor declared a state of emergency and the storm was …
U.S. private equity fund Carlyle Group has sold 18 million shares in China Pacific Insurance (Group) Co. Ltd (CPIC), taking its holding below 5 percent, CPIC said in a statement. Based on Thursday’s closing price, Carlyle raised about HK$438 million …
A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses than those without military background, according to …
The Consumer Federation of America, a Washington, D.C.-based group whose insurance division is directed by consumer advocate J. Robert Hunter, recently published a guide with “insiders’ advice” on filing a successful auto insurance claim, collecting a fair settlement, and dealing …
A majority of companies are using California Insurance Commissioner Dave Jones’ approved advisory pure premium rates in their rate filings for 2012, and the result is a combined increase of 2.8 percent for companies, according to Jones’ office. On the …
