Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap what was certain to become the world’s next big insurance frontier. A decade on, it is mainly the local insurers …
A court in southern China has rejected a lawsuit by Apple Inc, accusing a Chinese technology company of infringing its iPad trademark, a newspaper reported on Tuesday, the latest move in a protracted tug-of-war over the name. The Intermediate People’s …
Aon Benfield’s Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during November, concludes that insured losses in Thailand could top $10 billion, while floods in Europe will exceed $1 billion. The report, published by Impact …
A natural catastrophe in China on the scale of the 2011 Japan earthquake and tsunami would have an even more severe impact on supply chains, given China’s critical role in global manufacturing. That is according to a study commissioned by …
General Motors Co. is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of the …
Coal miner Alpha Natural Resources has agreed to pay $1.5 million to each of the families of 29 miners killed in an explosion at the Upper Big Branch Mine in West Virginia last year. The payments – part of a …
Florida’s largest homeowner insurer is offering a slate of coverage changes, but concedes that without legislative changes there will be little reduction in its exposure or policyholder count. Gov. Rick Scott last month ordered Citizens Property Insurance Corp. to find …
Golden Bear Insurance Company will be the carrier for an online residential earthquake deductible buyback program from Abacus Insurance Brokers, Inc. The admitted program, distributed through the Los Angeles-based program manager, allows homeowners to reduce the deductibles on their existing …
5Star Specialty Programs has expanded its Auto Dealers program to 43 states. With these new markets, the coverage is nationwide, except in Ark., Conn., D.C., Hawaii, Mass., Minn., N.J. and R.I. DEALERsure covers rural and suburban franchised and non-franchised auto …
RiskPoint Insurance Advisors LLC on Tuesday launched as a full service commercial insurance agency serving clients nationwide. “RiskPoint’s primary focus is extraordinary client care delivered by a team of professionals who are dedicated to supporting client needs in this often …
