Mecklenburg County in North Carolina plans to buy more than a dozen homes damaged by flooding last month. County commissioners saidthey plan to spend up to $2 million as part of an effort to remove homes located in flood-prone areas. …
A U.S. appeals court handed President Barack Obama a victory for his signature healthcare law Thursday, ruling against challenges by the state of Virginia and others seeking to invalidate the law as unconstitutional. The U.S. Court of Appeals for the …
Nearly all of the proposed questions for Massachusetts’ 2012 state ballot have been given preliminary approval. Attorney General Martha Coakley certified Wednesday 23 of the 31 initiative petitions filed with her office last month, allowing them to move on to …
Two brothers accused of carrying out the slaying of a blind and mentally disabled man as part of an insurance scam have been found not guilty of all counts, including conspiracy to commit murder. James and Kareem Clea (klee) were …
Aon Risk Solutions, the global risk management business of Aon Corp., announced that Philip O’Brien has been appointed resident sales director of the New England and upstate New York region. He is responsible for business development as well as providing …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp. has released the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial position of the world’s 28 leading reinsurers as of June 30, 2011, …
Western Heritage Insurance Co. has promoted Anthony Washington from vice president of underwriting to president. Washington replaces replaced Mike Horsman, who retired after more than 30 years in the insurance industry. Washington reports to Mike Miller, president of Scottsdale Insurance …
Bermuda’s Premier and Minister of Finance the Hon. Paula A. Cox has announced the signing of a bilateral Tax Information Exchange Agreement (TIEA), between Bermuda and the Republic of South Africa. The agreement, which was signed for South Africa by …
Allied World Assurance Company Holdings, AG has announced “significant new merger-related synergies that can be achieved through the combination with Transatlantic Holdings, Inc.” The company said it “now estimates an annual run rate of over $160 million in synergies, an …
Allied World Assurance Company Holdings, AG announced that Kurt Fleischmann has joined Allied World Europe as Vice President, General Casualty & Professional Lines. He will be based in Zug, Switzerland where Allied World launched a new direct insurance underwriting platform …
