As employers, taxpayers, consumers and charitable contributors, Massachusetts’ independent insurance agents make a $1.9 billion cumulative contribution to the Bay State’s economy last year, according to a new study by the Massachusetts Association of Insurance Agents (MAIA), a trade group. …
Farmers Insurance whas opened a new Business Development Center in Riverside, Calif. The company expects more than 250 new agents will be appointed from this facility in the next few years. The company said opening the facility demonstrates its strong …
Marsh has issued a warning that the current “financial instability and deteriorating economic conditions in the UK are prompting companies to improve efficiency and drive down operating costs in their supply chains. However, these will increase risk exposures.” Jeff Colburn, …
The World Trade Organisation (WTO) is creating a taskforce to monitor the effects of the financial crisis, following its call for a meeting next month to examine its impact on trade finance, its head said on Tuesday. WTO Director-General Pascal …
The Securities and Exchange Commission should get more power to police credit derivatives even though it failed to use its existing authority to rein in risky behavior that contributed to a global financial crisis, a former SEC chief told Congress …
The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the parent company struggles with its financial crisis, …
The head of a U.S. congressional finance panel said Monday he would seek to regulate the fast-growing $55 trillion credit default swaps market, which has been blamed for exacerbating the financial meltdown. Rep. Barney Frank, a Massachusetts Democrat, said regulation …
As finance chiefs gathered in Washington D.C. this weekend to work out what went wrong with the world economy, the refusal of the U.S. Treasury to rescue investment bank Lehman Brothers was being blamed as the straw that broke the …
A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in Galveston. Electronic road signs in Southeast Texas flash, “Watch for cows next 20 miles,” a reminder that few fences remain …
HSBC Insurance Brokers Limited announced that it has established a branch office and received regulatory approval from the Qatar Financial Center (QFC) Authority to provide insurance broking services to corporate customers within The State of Qatar. Steve Bonynge, Managing Director …
