Agriculture and manufacturing have spurred the South Dakota economy to moderate prosperity in the backwash of the national recession. Gains on the farm and in some factories have offset soft times in housing and the financial industry, resulting in almost …
Fewer people are dying on the job in Missouri. The Department of Labor announced that there were 107 fatal work injuries in 2010 in Missouri, down 25 percent from 2009. Sixty of the victims died after being struck by vehicles. …
Officials say nearly $350 million in federal and state disaster assistance has now been obligated to North Dakotans for this spring’s flooding. By Sept. 29, 10,178 people had registered with the Federal Emergency Management Agency for assistance. More than $93 …
A.M. Best Co. has revised the outlook to stable from positive, downgraded the issuer credit rating to “bb” from “bb+” and affirmed the financial strength rating of ‘B’ (Fair) of Chicago-based Unique Insurance Company. Best explained that the revised outlook …
The Supreme Court let stand Monday a ruling that a traditional Internet download of sound recording does not constitute a public performance of the recorded musical work under federal copyright law. The justices refused to review a ruling by a …
A lawsuit against Blackstone Group LP , alleging the private equity firm failed to disclose problem investments before its 2007 initial public offering, will go ahead after the U.S. Supreme Court rejected the company’s appeal. The justices on Monday refused …
Commercial insurers in Florida will no longer have to seek prior approval from state regulators before changing some of the rates they charge under a new law that took effect October 1. Earlier this year, Florida lawmakers enacted a law …
LexisNexis Risk Solutions has acquired the Sales Portal from MarshBerry, the insurance consulting and merger and acquisition advisory firm. The Sales Portal is a sales management automation tool used by larger brokerages that will now be offered by the LexisNexis …
William Gallagher Associates, a Boston-based broker and risk management services provider, has hired former Willis staff Mary Broderick as senior vice president for the property/ casualty practice. Broderick will serve as the new property practice leader at William Gallagher Associates. …
AIG’s global property and casualty insurer Chartis continues to see opportunities in Europe despite the sovereign debt crisis, the chief executive of the unit said in an interview last Friday. Peter Hancock also said Chartis is pursuing a strategy of …
