The forlorn wrecks of cars and motorbikes dotting southern Sudan’s potholed dirt tracks and rare tarmacadam roads might signal chaos to some. But Zeru Woldemichael sees a business opportunity — in insurance. The Eritrean entrepreneur is hoping to snare a …
A charter bus loaded with members of a Marine Reserve anti-terrorism group overturned at an Alabama Army base, injuring 23 people, including three Marines who were hospitalized in critical condition Monday. The military said the cause of the crash Sunday …
The Port Authority of New York and New Jersey can collect insurance only for damage inflicted on two buildings of the World Trade Center site destroyed on Sept. 11, 2001, rather than for the entire complex, a U.S. District Court …
Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a risk that the institution’s 17th century founders could …
If you’ve ever said you’d give $5 to avoid the lines at the DMV, it’s time to put your money where your mouth is. The Senate voted 35 to four Wednesday to charge those who go into a Department of …
Willis Group Holdings has released a summation of its presentation on terrorism insurance at the General Arab Insurance Federation (GAIF) conference in Bahrain. The global broker notes: “Despite a number of recent terrorist attacks occurring on Middle East and North …
Millions of Floridians sweated. Restaurant owners tossed out their food. Motorists battled each other even more than usual. And all for something that should have been just a blip on the electrical grid. An equipment malfunction in a substation near …
World Trade Center developer Larry A. Silverstein and Willis Group Holdings said they have successfully placed workers’ compensation, general liability, excess liability, and specialty insurance programs for construction of three towers at the World Trade Center site. As the first …
The Port Authority of New York and New Jersey can collect insurance only for damage inflicted on two buildings of the World Trade Center site destroyed on Sept. 11, 2001, rather than for the entire complex, a U.S. District Court …
Lloyd’s of London has published its fourth annual underwriting survey, which reveals that “managing the insurance cycle” remains the most important issue for the industry in 2008 with 93 percent of underwriters believing the industry is currently in a softening …
