Guilford families blame father in boat crash [New Haven Register, Conn.] Insurance Newsnet | Aug. 27--GUILFORD -- The father of a man blamed in a fatal boat accident last year shares responsibility for the incident because he owned the vessel and knew his son was prone to drinking while boating, victims' families allege in recently filed court documents. | The documents were submitted in ...
AIG sold almost all it had, but it's not safe yet Gulf News | What on earth is one to make of AIG these days? With the US Treasury owning 78 per cent of the insurer, few investors or analysts look at the stock any more. Such was the scale and awfulness of AIG's demise and subsequent bail-out that most, it seems, would rather put the whole episode behind them...
Study Focusing on Insurers Finds Link Between Poor Leadership and Firm Failure Insurance Newsnet | A study of property/liability insurance companies found how well a firm fares depends on who is in charge, and that there is a correlation between inefficient management and the likelihood of failure. Some chief executive officers can bolster a com...
Insurance Industry Loses Jobs, But Moderately Insurance Newsnet Copyright: A.M. Best Company, Inc. Source: BestWire Services Wordcount: unknown | The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau...
BestDay Video for Friday, Sept. 3: Top Global Reinsurance Brokers Insurance Newsnet | BestDay Video for Friday, Sept. 2: Senior Associate Editor Meg Green details Best's Review's fourth annual listing of top global reinsurance brokers ranked by 2009 brokerage revenues. John Weber hosts. | Recent episodes of BestDay Video include: | ...
US Jobs Report: Insurance Industry Fails to Find Job Gains, But Slide Is Moderate Insurance Newsnet | The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau of Labor Statistics. That's a relatively minor loss, though, and in a sliver of...
CIGNA appoints CFO Insurance Newsnet | Sep 03, 2010 (Datamonitor via COMTEX) -- CIGNA, a health service and financial company, has appointed Thomas McCarthy, currently CIGNA's vice president and treasurer, to the position of acting CFO. He will replace Annmarie Hagan. | Since 2003, Mr M...
CNinsure appoints head of insurance brokerage business Insurance Newsnet | Sep 03, 2010 (Datamonitor via COMTEX) -- CNinsure, an independent insurance intermediary company operating in China, has appointed Bo Zhao as head of its insurance brokerage business unit. | Mr Zhao will assist the company to expand its product and...
Bed Bugs May Bite Insurers, But Won't Dog Industry Insurance Newsnet Copyright 2010 MarketWatch.com Inc.All Rights Reserved | MarketWatch | September 2, 2010 Thursday 7:27 PM EST | NEWS & COMMENTARY | 833 words | Bed bugs may bite insurers, but won't dog industry | Alistair Barr, MarketWatch . | Alistair Barr is a...
Phoenix Cos. Leads Thursday's AMBG as Global Insurance Index Rises 0.58% Insurance Newsnet | The AMBG closed Thursday, Sept. 2 at 789.49 (+0.58%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Phoenix Cos. (+7.57%) and Hardy Underwriting (+6.12%). Trailing the list of global insurance...
Division of Workers' Compensation Announces Recent Enforcement Actions Insurance Newsnet | AUSTIN, Texas, Sept. 2 -- The Texas Department of Insurance issued the following news release: | Commissioner of Workers' Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division o...
California Ends 2010 Legislative Session Insurance Newsnet | SACRAMENTO, Calif., Sept. 2 -- The American Insurance Association issued the following news release: | California's 2010 legislative session adjourned on Tuesday, August 31 and primarily focused on the state's $19 billion budget deficit but the leg...
TDI Announces July Enforcement Actions Insurance Newsnet | AUSTIN, Texas, Sept. 2 -- The Texas Department of Insurance issued the following news release: | The Texas Department of Insurance today announced enforcement actions taken by Commissioner Mike Geeslin that became final during July 2010. The action...
Travelers Foundation Grants $35,000 to American Indian College Fund Insurance Newsnet | DENVER, Sept. 1 -- The American Indian College Fund issued the following news release: | The American Indian College Fund was awarded a $35,000 grant by the Travelers Foundation, the charitable arm of The Travelers Companies, Inc, to renew its long...
CNinsure appoints new head for its insurance brokerage business Insurance Newsnet | BEIJING, Sep 03, 2010 (Xinhua via COMTEX) -- CNinsure (CISG.NASDAQ), a Chinese insurance intermediary company, said recently that Mr. Zhao Bo has joined the company as the head of its insurance brokerage business unit. | Zhao will assist CNinsure i...
Advantage Federer heading into third round Zeenews New York: As a five-time winner of the US Open, Roger Federer knows what it takes to win at Flushing Meadows and the Swiss master expects that knowledge will carry him a long way towards a sixth title. | Federer is the only player left in the men's draw who has won the championship before, just one of the many advantages he holds over his rivals. |...
Rising gold prices trigger mining rush in India The Times Of India KOLKATA: As gold prices reach record highs, it is adding new lustre to prospects for gold mining. While moves are afoot to revive state-owned Bharat Gold Mines (BGML), closed since 2001, Deccan Gold Mines, the country’s only listed private gold miner, is also stepping on the gas to start gold production. | Also, the Karnataka government-owned Hut...
