A complaint to the governor by the Professional Insurance Agents Association of Ohio got results when an insurance company’s advertisements were dropped from vehicle registration renewal notices sent to Ohio drivers. The Massachusetts company that sends the notices, Imagitas Inc., …
Bloomington-Ill.-based State Farm Insurance has announced that it is the first property and casualty insurer to be a sponsor of a major film promotion. State Farm will play a major role in introducing the public to CARS, the latest movie …
The cleanup is underway in the aftermath of a large F-3 to F-4 tornado that tore a swath of death and destruction on Sunday evening through northern Tennessee and southern Kentucky, leaving 18 people dead and hundreds injured. The Salvation …
A jury in Atlantic County Superior Court in Atlantic City, N.J. ordered pharmaceutical giant Merck to pay a 77-year old user of its Vioxx drug at least $4.5 million in compensation after finding that the drug helped cause the heart …
Court rulings have left state inspectors powerless to enforce safety standards at construction sites like the one where three people died this week in a scaffolding accident, forcing Massachusetts to rely on a voluntary safety consultation program, state officials said. …
When the body of Edward Schiller was found slumped behind the wheel of his Nissan Maxima in a parking garage in Newton, Mass. early on the morning of Jan. 13, authorities said they believed the 39-year-old insurance agent was a …
St. Petersburg, Fla.-based GRAND ISS has announced the opening of its European headquarters in Swindon, England. The firm provides security, risk mitigation and investigative solutions to insurance companies. “This step expands our capacity to keep pace with a continued focus …
According to a report in the French financial daily Les Echos the AXA Group is close to concluding a deal to sell its reinsurance activities to the Greenwich, Conn.-based investment firm Stone Point Capital. Neither AXA nor Stone Point has …
In a bulletin from its London office Standard & Poor’s Ratings Services said it has “clarified its stance on its ‘BB+’ rating on the $200 million 7.125 percent senior notes issued by U.S.-based Converium Holdings (North America) Inc. (BB+/Stable/–), due …
Standard & Poor’s Ratings Services announced that it has revised its outlook on the global reinsurance industry to stable from negative, “indicating that there will be little near-term movement in ratings or outlooks, according to two reports (‘Strong Industry Fundamentals …
