While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes — which typically go on for years — don’t make …
Hartford Financial Services Group Inc. will restructure itself under a plan to reignite growth by courting small- and medium-sized businesses as clients and reining in risk. The announcement of the plan comes a day after the insurer, the 10th-oldest company …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the New York-based Tower Group Companies and its pooled and reinsured members. Best also affirmed the FSR of ‘A-‘ …
Officially chartered in 2009, the Texas chapter of a national association of African-American insurance professionals has an ambitious goal of becoming the one of the premier insurance associations in the Dallas-Fort Worth area. The Dallas-Fort Worth chapter of the National …
The Hare & Rathke Insurance Group, in Humble, Texas, has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The Hare & Rathke Insurance Group entered the …
Lexington Insurance Co., a Chartis company, has released LexNanoShield, an integrated insurance product and array of risk management services designed for manufacturers of nanoparticles or nanomaterials, or firms using them in their processes. LexNanoShield includes protection for general liability, product …
The majority of small businesses (52 percent) believe having a social media presence is important for companies, according to a poll commissioned by Employers, a small business workers’ compensation insurer. The poll also discovered that about 7.7 million small businesses, …
Relatives of passengers killed in an Air France crash off Brazil have filed nearly two dozen wrongful death lawsuits in Miami against Airbus, alleging that aircraft maker’s A330 crashed because of flaws in the plane and its U.S.-made components. Airbus, …
The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent attack that might be hard to prevent, …
California Insurance Commissioner Steve Poizner announced that 460 insurers have agreed in writing to a moratorium on future investments in 50 companies identified by the California Department of Insurance (CDI) to be doing business with the Iranian energy, nuclear and …
