Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said Thursday. Halliburton’s shares tumbled as much …
The European Union will only sign up to a second phase of the United Nation’s climate treaty if loopholes are closed and other big economies make deeper cuts to greenhouse gases, EU leaders agreed on Friday. “The European Union stands …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), both with stable outlooks. Best said the affirmations reflect “DSI’s solid risk-adjusted capital position, …
Higginbotham & Associates has appointed Walker Steward a vice president in its Austin office. Steward is a commercial property/casualty insurance agent with experience in brokerage and sales. He brings with him an established client roster. Steward was most recently an …
Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters. Richard, which made landfall just south of Belize City, was expected to weaken …
Enumclaw Insurance Group of Enumclaw, Wash.,announced the signing of a definitive agreement to purchase 100 percent of the stock of Chicago-Vegas Holding Co., which owns Nevada General Insurance Co. (NGIC) and Auto Insurance America Insurance Agency (AIC). Both Nevada General …
Tropical Storm Richard headed toward Central America Friday, triggering a hurricane watch along the Honduras-Nicaragua border, a region already hit by months of heavy rains. The 17th named storm in the Atlantic so far this year will strengthen into a …
The New Mexico Public Regulation Commission’s Division of Insurance will get $226,000 in federal funds to bolster consumer assistance efforts at the regulatory agency. The grant, which was made available through the Department of Health and Human Services’ (HHS) Office …
U.S. environmental groups filed a suit Wednesday against British-based oil giant BP Plc saying the world’s worst offshore spill inflicted “ongoing unlawful” harm on endangered wildlife in the Gulf of Mexico. The suit is one of thousands of damages cases …
The Cincinnati Insurance Co., the lead property/casualty subsidiary of Cincinnati Financial Corp., will begin writing business in Connecticut through Rose & Kiernan Inc., an independent insurance agency serving Danbury, Conn. The agency is a branch of Rose & Kiernan Inc. …
