American International Group has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of its initial public offering, a source familiar with the process said on Friday. About four consortiums consisting of Chinese investors …
Controlling urban growth and increasing forested land are the most effective ways to decrease future water runoff and flooding, according to a Purdue University study. Bryan Pijanowski, an associate professor of forestry and natural resources, used a model to simulate …
San Diego, CA, 08/17/2010 – ARROWHEAD General Insurance Agency, Inc. has announced its producers can now receive instant quotes for Workers’ Compensation submissions under $15,000 in written premium through the new Quick Quote platform at ArrowheadExchange.com, Arrowhead’s online quoting portal. …
A consortium of leading Chinese companies including Industrial and Commercial Bank of China Ltd, China Life Insurance Co Ltd, plans to bid for a 30 percent stake in American Insurance Group Ltd’s Asian life insurance business, AIA, the 21st Century …
A new study by four Connecticut state agencies has found no elevated health risks from artificial turf sports fields made with crushed rubber, but it recommends ventilation of indoor turf fields. The $245,000 study tested for 200 chemicals at four …
California’s State Compensation Insurance Fund announced it has earned international recognition for several outstanding communication and outreach programs. Awards in seven categories were presented to State Fund at the 2010 annual meeting of the American Association of State Compensation Insurance …
The German conglomerate Bayer CropScience has been ordered to pay six Arkansas rice farmers $940,000 for allowing genetically altered rice into the commercial market. A jury in Desha County, Ark., found the farmers suffered losses when exports and rice prices …
Bermuda-based PartnerRe Ltd. announced that Charles Goldie has been appointed Head of Specialty Lines, PartnerRe Global, effective September 1, 2010. The Specialty Lines business unit in PartnerRe Global comprises agriculture, surety and specialty casualty outside of North America as well …
Damage from last week’s flooding in Milwaukee County, Wis., now exceeds more than $28.5 million, according to Sheriff David A. Clarke Jr. He reported that 6,368 residential homes in Milwaukee County sustained damage totaling $16.8 million; 92 businesses sustained damage …
Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic turmoil. Sorrel’s agency, Texas Insurance & Financial Services …
