A structural engineer maintains he had limited involvement with the Dallas Cowboys’ training facility that collapsed during a thunderstorm on May 2 and left a team employee paralyzed. “I was there just a few months,” said Enrique Tabak in a …
American International Group, Inc. (AIG) today reported a net loss for the first quarter of 2009 of $4.35 billion compared to a net loss of $7.81 billion in the first quarter of 2008. The loss was less than the $5 …
Key & Piskuran, Higginbotham Key & Piskuran Insurance Agency LLC, a commercial P/C insurance broker in Arlington, Texas, joined forces with Higginbotham & Associates, a Ft. Worth-based insurance and financial services broker with statewide operations. Key & Piskuran Partner Carrol …
Many employees disable the encryption solutions on their laptops, putting their employers at risk for data breaches, according to a study by Absolute Software Corp. and The Ponemon Institute. The study, “The Human Factor in Laptop Encryption: US Study,” examined …
Aon’s first quarter revenue fell 3 percent to $1.9 billion due to a 10 percent decline from foreign currency translation and a 44 percent decline in investment income, the company report. The decline in revenue was partially offset by a …
Fairfax Financial Holdings Ltd. said Thursday that it had a net loss in the first quarter as investments shed value in volatile markets. [Amounts are in U.S. $, unless otherwise indicated]. The Toronto-based insurance holding company said it had a …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and the debt ratings of …
The World Health Organization said Wednesday the world is at the brink of a pandemic, raising its threat level as the swine flu virus spread and killed the first person outside of Mexico, a toddler in Texas. “Influenza pandemics must …
Marsh has issued an extensive bulletin, which outlines the risk and insurance implications for businesses arising from the possible pandemic of the “Swine” or “Mexican” flu. The bulletin noted that the news media had reported “confirmed cases of Swine Flu …
World governments and businesses announced new steps on Tuesday to try to slow the spread of a new strain of swine flu that has killed up to 149 people in Mexico and threatens to become a pandemic. The World Health …
