October 16, 2009
Manulife Financial, Canada’s biggest life insurer, announced on Thursday that it has acquired Pottruff & Smith Travel Insurance Brokers Inc. in an all cash deal that will make it Canada’s No. 2 travel insurer. The acquisition was the second for …
October 15, 2009
Two victims of Bernard Madoff’s Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission Wednesday, seeking at least the $2.4 million they lost in the fraud. The victims, believed to be the first to sue the …
October 15, 2009
Friday is National Boss Day but for employees who cannot imagine celebrating such a day, a new book titled “Working for You Isn’t Working for Me” might come in handy. The book, subtitled “The Ultimate Guide to Managing Your Boss,” …
October 14, 2009
A tall construction lift toppled over and struck a downtown Philadelphia apartment building Monday, killing a construction worker who fell 125 feet. Investigators want to know whether James Wilson, 40, of Glassboro, N.J., was strapped into the bucket of the …
October 14, 2009
Thanks to El Nino, the 2009 Atlantic hurricane season has been the quietest in more than a decade, offering a reprieve for residents in the danger zone and a chance for insurance firms to refill depleted coffers. With the peak …
October 14, 2009
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings Limited, has announced a series of management changes and a new organizational structure “designed to respond to the evolving marketplace and to better leverage the unit’s talent and …
October 13, 2009
Zurich Insurance Company Ltd. announced the appointment of Rainer Sommer as Chief Operating Officer (COO) for Middle East General Insurance, a newly created position. He will lead the development and management of the operations for Global Corporate and General Insurance …
October 13, 2009
The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday. “We know that the …
October 9, 2009
An Ellenwood man has been awarded more than $9 million by a DeKalb County jury after suffering permanent scarring to his genitals following treatments for erectile dysfunction. John Henry Howard was awarded $750,000 in compensatory damages and $8.5 million in …
October 8, 2009
A house capable of floating atop rising floodwaters made its debut Oct. 6 in New Orleans alongside more than a dozen other homes built through actor Brad Pitt’s Make It Right Foundation. Called the FLOAT House, the unique home aims …