The European Union and India said on Monday they were committed to a world trade deal that takes account of services as well as agriculture and industrial goods. A joint statement issued after Indian Trade Minister Kamal Nath and EU …
Picking Up Non-Renewals “I feel confident that the people on the Gulf Coast that have been canceled by State Farm will be able to buy insurance from Allstate and Nationwide and others that I have not announced.” —Mississippi Insurance Commissioner …
As an important link in the global supply chain, exporters face many exposures Small and midsize U.S. companies are sharply increasing their exports, encouraged by falling trade barriers, a weakening dollar that makes their goods and services more affordable to …
The Group of Eight major industrialized countries (G8) meeting next week in Japan cannot by themselves set effective long-term world goals on curbing greenhouse gas emissions, the White House said on Tuesday. “With evidence mounting of rapidly rising emissions from …
Tokio Marine Holdings Inc. Japan’s largest non-life insurer, is looking at opportunities to acquire U.S. and European competitors as part of its overseas growth strategy, Chief Executive Shuzo Sumi said on Tuesday. “We have been focusing on emerging markets but …
Floodwaters receding into the Mississippi River and its tributaries will suck billions of dollars out of the Midwest’s economy, though experts have not agreed on whether the damage will be as devastating as the 1993 flooding. The impact on U.S. …
New York will hire more minority- and women-owned debt underwriters, lawyers and risk managers and ease regulatory barriers that are “openly discriminating” against foreign reinsurers, Democratic Gov. David Paterson told reporters Thursday. Paterson, the state’s first black governor, who is …
The U.S. property/casualty insurance industry’s net income after taxes fell to $8.2 billion in first-quarter 2008 from $16.2 billion in first-quarter 2007. Contributing to the $8 billion, or 49.3 percent, decline in net income in first-quarter 2008, the industry posted …
Opening thousands of miles of North Carolina roadways to long tractor-trailers will jeopardize lives and overtax the state’s infrastructure, a safety group cautioned. Truck Safety Coalition state coordinator Jen Tierney said June 23 a legislative proposal to allow 53-foot-long trailers …
The scientist who 20 years ago first told Congress that the Earth’s climate was warming said Monday that urgent action was needed to cut greenhouse gases and proposed a tax on carbon emissions. James Hansen, the director of NASA’s Goddard …
