In the thick of her two-year investigation into Florida’s insurance industry, Sarasota Herald-Tribune reporter Paige St. John would wake up in the middle of the night, shaking and sweating, fearful that she’d taken on too much. “I’ve been in investigative …
Gradually rising sea levels caused by global warming over the past 30 years have contributed to a growing number of disasters along China’s coast, state news agency Xinhua said on Wednesday. Sea levels along China’s coastline had risen 2.6 mm …
Bermuda-based Alterra Capital Holdings Limited announced several role changes and promotions that will affect its corporate and reinsurance operations, including the appointments of Greg Richardson as Executive Vice President, Underwriting Strategy and Business Analytics for Alterra, Jed Rhoads as Executive …
The Obama administration fired a fresh salvo at Wall Street Tuesday, telling critics of the U.S. financial reform law to knock off their attacks. “We will continue to oppose efforts to slow down, weaken, or repeal these essential reforms,” Deputy …
A lawsuit seeking to stop McDonald’s Corp. from offering toys with Happy Meals must be dismissed because parents can always choose not to buy the meals for their children, the hamburger giant said in a court filing late Monday. The …
Aspen Risk Management Group has added Al Flute as a sales and service representative in San Diego. Flute has a diverse safety and health background working for The Zenith and Nationwide. His responsibilities included providing safety services to transportation, security, …
Warren Buffett and the rest of Berkshire Hathaway Inc.’s board of directors were sued by a shareholder Tuesday over presumed heir apparent David Sokol’s trading in the stock of a company that was later bought by Berkshire. Sokol, who has …
The South Bay Chapter of the National Association of Insurance Women International (NAIW) has recognized several members for contributions and achievement. Honorees include Young Professional of the Year Tiffany McPartland of Bliss & Glennon in Redondo Beach, Calif.; Insurance Professional …
Fitch Ratings has affirmed the ratings of ACE Limited and its subsidiaries (collectively, ACE), and has assigned an ‘AA-‘ Insurer Financial Strength rating (IFS) to Agri General Insurance Company (AGIC). Fitch has also withdrawn its rating on ACE’s subsidiary, Westchester …
The Bermuda-based Catlin Group Limited announced that its initial estimate of the financial impact of the March 11 earthquake and tsunami that devastated areas of northeast Japan, are expected to be around $200 million, based on total insured losses of …
