Former President Bill Clinton closed a very successful initial conference in New York for his Global Initiative with commitments of $1.25 billion. The 3-day event, organized by the ex-President to coincide with the current United Nations Anniversary summit meetings, focused …
A U.S. judge in Manhattan upheld three lawsuits accusing the Jordan-based Arab Bank of promoting Palestinian suicide attacks by funneling Saudi money to bombers’ families. U.S. District Judge Nina Gershon denied six of eight counts in Arab Bank’s March motion …
MASSACHUSETTS Agents Contribute $20K to Katrina Relief: The Massachusetts Association of Insur-ance Agents is sending a $20,000 check to the Big ‘I’ Katrina Relief Fund established by its national organization, the Independent Insurance Agents and Brokers of America, to help …
The creation of an insurance program against terror attacks would greatly encourage private investment in places desperate for economic development but beleaguered by conflict, like Gaza, former President Bill Clinton said. “I would just like to ask that you consider …
Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty Reinsurance — Mike McCrimmon has been promoted to the position of senior …
Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB’ long-term counterparty credit and insurer financial strength ratings to Jordan-based insurer International General Insurance Co. Ltd. Jordan (IGI) with a stable outlook. “The ratings reflect IGI’s strong capitalization, …
Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications and even graduate degrees in insurance. Children of agents and …
Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications and even graduate degrees in insurance. Children of agents and …
A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in violation of contracts with the state, Massachusetts …
Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to U.S. Geological Survey (USGS) and Southern …
