Zurich Financial Services AG will find this year tougher than 2008, when profit fell 47 percent, a senior executive of the Swiss insurer said on Wednesday. Patrick O’Sullivan, vice chairman of the management board and chief growth officer, said Zurich …
The Oklahoma Department of Environmental Quality said it is testing 55 private water wells within a five-mile radius of the northeastern Oklahoma town of Locust Grove to ensure the safety of drinking water in the area. The testing comes after …
Oklahoma’s attorney general says he remains hopeful, but not optimistic, about a pretrial settlement in the state’s federal lawsuit against more than a dozen poultry companies accused of polluting the one million-acre Illinois River Watershed with bird waste. “Being somewhat …
Swiss insurer Zurich Financial Services Group, a serial acquirer in recent years, is not letting tighter credit markets hamper its pursuit of acquisitions, a company executive said on Monday. “Zurich is definitely in a position where it can consider acquisitions,” …
Connecticut State police say the driver of a passenger bus is recovering from injuries after a collision with a wild turkey in Southington. The turkey and the Vermont Greyhound bus collided on Interstate 84 westbound on Thursday afternoon, near exit …
A Gulf Shores police investigator says two men sought for questioning in an alleged insurance fraud scheme on the Alabama Gulf coast may have fled to Turkey. Authorities want to question Benton Gray Harvey and Jonathan W. Adams about the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings remains stable. Best said: “The ratings continue to reflect …
A federal jury says that two maintenance companies are not to blame for a fire that destroyed a turkey-processing plant in Postville. The Davenport jury made its decision in a lawsuit over a fire that destroyed the Iowa Turkey Products …
U.S. congressional leaders will try again on Friday to save a $700 billion Wall Street rescue plan after talks broke down in acrimony against the backdrop of the nation’s biggest-ever bank failure. As negotiations over the White House’s unprecedented bailout …
According to a recently released report from Marsh, “insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008.” However, “the report also identified trends being …
