Applications are being accepted for a second round of loans and grants being offered to small businesses in Louisiana struggling to recover from hurricanes Katrina and Rita. The state will hand out $80 million in loans and grants, funded with …
Maine’s supreme court has sided with an insurance company that refused to pay a wrongful death claim benefiting a husband who caused his wife’s death. The estate of Esther Pecci brought action against Amica Mutual Insurance Co. after it denied …
A U.S. judge has ruled in favor of insurer Allianz in a dispute with World Trade Center developer Larry Silverstein about recovering money from third parties if they are found to be at fault in the September 11, 2001 attacks. …
Risk Management Solutions has announced the launch of an initiative to keep businesses informed of the impact of catastrophic events by making its expert analysis publicly available on its web site. “The RMS Cat Updates service – which has long …
Marsh’s London office announced that it has established an Insurance Regulatory & Tax Consulting Practice within the firm’s Global Risk Management Division, to be headed by Praveen Sharma. Marsh said: “The practice will provide multinational clients with support and information …
Bermuda’s XL Capital Ltd. has issued a statement, indicating that it is “not involved in a summary judgment handed down by the U.S. District Court for the Southern District of New York in favor of Merrill Lynch International.” XL explained …
XL Re, the global reinsurance operations of Bermuda-based XL Capital Ltd., has received regulatory approval to serve the Brazilian reinsurance market as an admitted reinsurer. The newly admitted reinsurer, XL Re Latin America, will operate full offices in both Rio …
Royal Bank of Scotland’s performance and write downs on risky assets remain in line with its previous guidance, but its results will be held back by the impact of the global credit crunch, it said on Wednesday. RBS said it …
Talks on industrial goods, a crucial element in negotiations for a new trade deal, are failing to overcome deep differences between rich and poor countries, diplomats and officials said Wednesday. But, they said, parallel negotiations on agriculture are making progress …
San Diego, CA, 06/12/2008 – American Claims Management (ACM) is pleased to announce it has added a Workers’ Compensation Department to its claim administration services. As a wholly owned subsidiary of Arrowhead General Insurance Agency, Inc., ACM added a workers’ …
