September 5, 2008
American International Group sees China becoming a much larger part of its general insurance business within the next five years, Nicholas Walsh, executive vice-president of the foreign general insurance division, said Wednesday. Walsh, a 35-year veteran of the giant insurance …
September 5, 2008
Darker economic clouds are gathering over the world’s reinsurers as they travel to the Mediterranean coast this weekend to kick-off crucial pricing discussions with their insurance clients in Monte Carlo. Reinsurers should fly down to the south of France in …
September 4, 2008
Golf carts are becoming a more common sight on Indiana’s streets and roads, but state police say they fail to meet the safety and equipment standards for motor vehicles to be driven on public streets. Several communities across the state …
September 1, 2008
Naked on Wall Street “You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Berkshire Hathaway’s Warren Buffett who also told Reuters that the …
September 1, 2008
From cracked oil and natural gas pipelines to contaminated public water supplies, the nation’s economy could be the biggest casualty of the next major Midwest earthquake, an earthquake expert warned. Geologic engineering professor Dave Rogers of Missouri University of Science …
September 1, 2008
Swimming in the Buff “You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Warren Buffett, who has been named the world’s richest man …
September 1, 2008
In early August 2008 the U.S. Department of Transportation extended for two years the cross border trucking demonstration project, a reciprocal agreement that allows up to 100 Mexico-domiciled motor carriers to operate beyond the U.S. border commercial zones, and the …
September 1, 2008
Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the past two months alone and up to $13 million a day. With the worst …
September 1, 2008
In early August 2008, the U.S. Department of Transportation extended for two years the cross-border trucking demonstration project, a reciprocal agreement that allows up to 100 Mexico-domiciled motor carriers to operate beyond the U.S. border commercial zones, and the same …
September 1, 2008
The Modernization of Lloyd’s and the London Market Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to …