Canada will prohibit major banks from marketing insurance products on their Web sites, marking a major victory for big insurers in a long battle with the banking industry. Canadian Finance Minister Jim Flaherty told Canada’s Business News Network (BNN) that …
Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to $117 million or $0.40 per share for the …
The U.S. healthcare system is just as wasteful as President Barack Obama says it is, and proposed reforms could be paid for by fixing some of the most obvious inefficiencies, preventing mistakes and fighting fraud, according to a Thomson Reuters …
Insurance broker Willis Group Holdings has appointed Thomas V. Ealy as national partner of the Midwest Region for its North American retail operations. In his new role, Ealy will oversee the company’s retail offices in Illinois, Minnesota, Wisconsin, Michigan, Ohio …
10 The number of states now reporting an international mail fraud scheme involving a bogus letter said to be from Nationwide Insurance. Residents in 10 states have received counterfeit checks bearing the Nationwide name. Each check has been issued in …
10 The number of states now reporting an international mail fraud scheme involving a bogus letter said to be from Nationwide Insurance. Residents in 10 states have received counterfeit checks bearing the Nationwide name. Each check has been issued in …
Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …
It will be a tale of two winters in the United States — warmer and drier than average in the North and wetter and cooler in the South — thanks to El Nino, according to government forecasters. In its winter …
Manulife Financial, Canada’s biggest life insurer, announced on Thursday that it has acquired Pottruff & Smith Travel Insurance Brokers Inc. in an all cash deal that will make it Canada’s No. 2 travel insurer. The acquisition was the second for …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Markel Insurance Company of Canada, Federated Insurance Company of Canada, Commonwealth Insurance Company, Commonwealth Insurance Company of America (based …
