The U.S. Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, according to two people familiar with the matter, in a case that could have tested the agency’s reach. Europe’s …
A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given include loss adjustment expenses, and are net of any applicable reinsurance recoveries, reinstatement premiums and taxes. Aspen Insurance Holdings Limited …
Canada’s Research In Motion Ltd said it will offer free premium apps worth more than $100, in a bid to appease its customers following BlackBerry service disruption last week. Research In Motion said the complete selection of premium apps will …
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a healthcare premises pollution liability insurance policy that is designed to address the environmental risks faced by the healthcare industry. Hospitals, long-term and short-term care facilities, in-patient and …
IronHealth, the specialty healthcare unit of Ironshore Inc., has expanded its government billing errors & omissions product suite to include a policy form tailored to meet the needs of managed care organizations (MCO). Similar to the healthcare provider policy form, …
The death toll from torrential rains in Central America over the past week has almost doubled since Saturday, with a further 25 lives lost in El Salvador, authorities said Sunday. A tropical depression that swept in from the Pacific on …
The government expressed confidence Sunday that Bangkok will escape Thailand’s worst flooding in decades, as the capital’s elaborate barriers held strong and floodwaters receded from submerged plains to the north. Agriculture Minister Theera Wongsamut said the largest mass of runoff …
Motorists are suing Bluff City for $6 million over its traffic cameras. Chris Cawood and Jonathan Proffitt claim the city and Arizona-based American Traffic Solutions Inc. are conspiring to violate the federal Fair Debt Collections Act, state law and city …
A magistrate judge in New York has recommended that al-Qaida be assessed $9.3 billion for the damage done to properties and businesses in the Sept. 11 attacks. Federal Magistrate Judge Frank Maas in a ruling Friday, Oct. 14, sent the …
A preliminary report on the 2010 Fourmile Canyon wildfire in Boulder County shows insured losses exceeded $200 million, fire management costs will have exceeded $14 million following rehabilitation efforts, and that while fire responders’ efforts were well-executed, the fire spread …
