Munich Re German reinsurer Munich Re has successfully concluded the acquisition of specialty insurer HSB Group from American International Group for $739 million. The deal was originally announced last December. The purchase price in cash was financed by Munich Re …
Crist Free Market “Isn’t it the free market approach? I’m a free market guy, but I think we need to keep our eye on insurance companies, property insurance companies specifically. They have a history of not being the kindest, warmest …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …
A Massey Energy subsidiary was fined $2.5 million fine this week after a federal judge accepted the company’s guilty plea to 10 criminal charges for a fire that killed two West Virginia coal miners. U.S. District Judge John Copenhaver approved …
In Kentucky, it’s tornadoes, torrential rain or ice-encrusted trees and power lines, weather emergencies seemingly all the time. But state officials also want to be prepared for the possibility of a disease outbreak or manmade emergencies like a hazardous chemical …
Two disbarred lawyers convicted of scamming their former clients in a diet drug case out of millions of dollars must forfeit $30 million, a federal jury ruled Tuesday. Former attorneys William Gallion and Shirley Cunningham also must turn over an …
A new requirement that construction managers on 35 state courthouse projects insure the entire value of their work will not increase the state’s costs, an attorney investigating the projects said. But attorney William Geisen of Fort Mitchell said the requirement …
The family of a Connecticut woman who in February was mauled by a chimpanzee has filed preliminary legal papers seeking $50 million in damages against the primate’s owner. Relatives of Charla Nash filed the legal papers, which are prelude to …
CAA, Bridges Group Inc. Austin, Texas-based Combined Agents of America LLC (CAA) has added Bridges Group Inc., based in Kansas, to its roster of agency members. Since 1894, the Bridges Group has served the region surrounding Norton, Kan., with a …
Higginbotham & Associates, an independent insurance brokerage firm based in Ft. Worth, Texas, added employee benefits brokers John Collins, Dana Jones and Rob Marsh to its managing director team for 2009, in recognition of their contributions to the firm. With …
