Shards of broken glass outside the basement window of 31 Vine Street (Brockton, Mass.) hint at the destruction inside the three-story home. Thieves smashed the window to break in and then gutted the property for its copper pipes — a …
The Bush administration is proposing a sweeping overhaul of the way the government regulates the nation’s financial services industry from banks and securities firms to mortgage brokers and insurance companies. The plan would give major new powers to the Federal …
Haeaii’s biggest health insurer wants to hike health insurance premiums by more than 12 percent next year, the biggest increase in nearly two decades. The proposed rate hikes would affect 144,000 members and businesses with fewer than 200 employees starting …
Ohio state officials on Friday approved a 5 percent overall rate reduction in premiums for businesses participating in Ohio’s insurance fund for injured workers, the first reduction since 2001. The decrease, which takes effect July 1, was possible because of …
Insurance industry groups are lining up quickly with responses to the Bush administration’s proposed overhaul of the way the government regulates the nation’s financial services industries, including insurance. The sweeping regulatory reform proposal announced by Treasury Secretary Henry M. Paulson …
Legislation passed by the Florida Senate this week would reduce the amount of state-funded reinsurance that insurers can purchase under the temporary increase in coverage limit (TICL) program. The Senate bill would reduce the amount of optional TICL coverage offered …
Maybe, just maybe, the financial world is not about to implode. Such is the level of disaster mongering surrounding the latest phase of the eight-month-old credit crisis that you could be forgiven for thinking we will all soon be hoarding …
French President Nicolas Sarkozy and British Prime Minister Gordon Brown vowed to boost cooperation on the economy and immigration on Wednesday as Sarkozy began a visit aimed at improving awkward ties. Sarkozy, speaking of “Franco-British brotherhood”, said he would ask …
The Doha round of global trade talks are close to reaching an accord in principle on industrial tariffs and farm subsidies and quotas, Brazil’s chief trade negotiator said Monday. “We’re closer to an agreement than ever before,” Robert Azevedo told …
Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared to 2006, while half of all agencies reported that salaries stayed the same in 2007 compared to 2006. Of those agencies that did offer …
