Latvia News

Ark. at Center of Forged Check Scam

Arkansas Attorney General Mike Beebe’s office announced it is among the state and federal agencies investigating an international scam involving forged copies of State of Arkansas checks. Operating from Turkey and possibly Latvia, the scam artists send out counterfeit checks, …

Europe Counts Storm’s Costs, as Clean-up Begins

California isn’t alone in trying to cope with deadly weather. Northern Europe has been lashed by the most powerful storm to hit the continent since Lothar and Martin ravaged France, Switzerland and Germany in 1999. This time, due to a …

14 Dead as Storms, Floods Hit Northern Europe

A severe winter storm, packing winds up to 150 km/hr (94 mph) and heavy rains has paralyzed much of Northern Europe, caused at least 14 deaths, knocked out power over wide areas and severely interrupted sea, air and land transport. …

Lloyd’s Authorized to Conduct Business in 8 New EU Member Countries

Lloyd’s Chairman Lord Peter Levene announced that the U.K.’s Financial Services Authority (FSA) has given Lloyd’s authorization to write direct business in eight of the new European Union accession countries (See IJ Website May 3). Lloyd’s said the new licenses …

EU Expands to 25 Countries

May first marked the most important expansion of the European Union in its 50 year history, as 10 countries joined the 15 existing members to create an economic block of 455 million people stretching from the Western shores of Ireland …

Zurich to Exit Latvia, Lithuania and Estonia

Zurich Financial Services announced plans to cease insurance activities in three Baltic States. It has reached a preliminary agreement for the transfer of its insurance portfolios in Latvia and Lithuania to If P&C, based in Helsinki, Finland, and plans to …