The co-founder and former CEO of Beazley Group, Andrew Beazley, has passed away at the age of 57. Beazley was co-founder of the company and its CEO for 22 years of its 24-year history. The company founded by Andrew Beazley …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. An agreement was reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall …
The California Office of Administrative Law has ruled that state Insurance Commissioner Steve Poizner’s Iranian investment regulations were improper. Earlier this year, the California Department of Insurance identified in 50 companies to be doing business with the Iranian energy, nuclear …
China said on Friday that rich nations must lock in fresh vows to slash greenhouse gas output to unblock talks for a new climate change deal, while some negotiators said Beijing was holding progress hostage. The feuding over the future …
France will start talks on overhauling the global monetary system during its G20 presidency to improve policy coordination and stem capital flows distorting exchange rates, Economy Minister Christine Lagarde said Thursday. France will take over the chair of the Group …
A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited (AIL). Best also affirmed the …
Larry Hagman, the actor who played the villainous J.R. Ewing in the 1980s TV show “Dallas,” has won his case that he was victimized by Citigroup Inc., and the bank was ordered to pay over $11 million in damages. The …
The 2010 Atlantic hurricane season has been very active in the number of storms but is likely to go down as a non-event for most people in the United States, which has so far dodged a major landfall, the top …
Munich Re has launched coverage in the United States for the photovoltaic-producing segment of the solar module industry and first ever of its kind in the world for CPV systems. CPV (concentrator photovoltaic) technology uses innovative optics to concentrate sunlight …
Texas Associates Insurors has added Dave Perez as its newest insurance and risk advisor. As a student of Texas A&M University, on Sept. 11, 2001, Perez committed to serving in the United States Air Force and was commissioned in 2003. …
