Economy News

Declarations

More than one first “I’m elated to begin my first full four-year term during Oklahoma’s centennial year. It is indeed an honor. Having restored integrity and public confidence to the office, I am committed to creating an environment where nearly …

Declarations

Insurance emergency “During this state of emergency, I want to ensure that our farming communities avoid the red tape and get paid quickly so they can get back to the business of farming” — California Commissioner Steve Poizner, on proclaiming …

Calif. declares insurance claims emergency in wake of cold freeze

A recent proclamation by California Insurance Commissioner Steve Poizner is allowing out-of-state insurance adjusters to be dispatched to California’s agricultural community to assist in the state of emergency resulting from January’s five days of freezing temperatures. The Commissioner said he …

There’s lot insurers do not like in Florida’s property insurance fix

Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and cajoling, they came to bipartisan agreement …

Enron’s legacies and directors and officers risk

Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron criminal scandal? Perhaps it’s …

The Hartford’s Data Outsouring Reported to Affect 400 Conn. Jobs

Nearly 400 Connecticut jobs are being affected as The Hartford Financial Services Group outsources data services. The Hartford has signed a five-year contract with IBM, which will support and maintain systems and data center equipment used to run them. The …

Calif. Issues Declaration of Insurance Emergency in Agricultural Freeze

A recent proclamation by California’s Insurance Commissioner Steve Poizner is allowing out-of-state insurance adjusters to be dispatched to California’s agricultural community to assist in the state of emergency resulting from January’s five days of freezing temperatures. The Commissioner said he …

Corporations Urged to Bring Jobs to New Orleans

The federal government hopes to talk to 100 of America’s top firms into bringing 100 jobs each to New Orleans to help the city recover from Hurricane Katrina, the head of the federal recovery operation said. The object is to …

China, EU Start Trade Talks

The European Union and China on Wednesday kicked off negotiations on expanding cooperation in trade, climate change and other fields, starting a process that is expected to take at least a year to complete. Benita Ferrero-Waldner, the EU commissioner for …

Fla. Officials Get to Work as Special Insurance Session Opens

In the hours leading up to the opening of a special legislative session in Tallahassee aimed at slowing Florida’s rising insurance costs, lobbyists, elected officials and citizens weighed in on ways to resolve the crisis. The session began at 1 …