Maine Gets Break in Federal Health Care Overhaul March 10, 2011 By David Sharp The federal government has granted Maine a waiver of a key provision in President Obama’s health care overhaul, citing the...
Aspen Launches U.S. Surety Unit March 10, 2011 Specialty insurer Aspen has established a surety unit that will focus on public and private commercial and non-construction surety. Michael...
RCM&D Buys TRION’s Commercial P&C Division March 10, 2011 Baltimore-based Insurance broker RCM&D acquired the commercial property and casualty insurance division of Philadelphia-based TRION Inc. and has opened a...
XL Insurance Names Purvis President of North America Programs March 10, 2011 XL Insurance has expanded its North America Programs team with the appointment of three executives including Quinnon (Pete) K. Purvis....
BP Oil Spill Claims Chief Feinberg to Face Florida Lawmakers March 10, 2011 By Michael Adams The man in charge of paying BP claims for the Gulf oil spill will soon face a Florida legislative committee...
Lockton Expands with North Carolina Office March 10, 2011 Privately-held insurance broker Lockton is expanding its reach into the Carolinas by opening an office in Charlotte, North Carolina. The...
Senate Passes Patent Reform, 95-5 March 10, 2011 By Diane Bartz and Thomas Ferraro The U.S. Senate voted overwhelmingly to overhaul U.S. patent laws, backing a measure aimed at chipping away at a huge...
AIG Has Plan to Protect Tax Assets March 10, 2011 Bailed-out insurer American International Group Inc. set up a plan to protect tens of billions of dollars in valuable tax...
Ratings Recap: Blue Whale Re, Michigan Millers, Constitutional March 10, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of...
Ex-AIG CEO Greenberg: Judge in New York AG Case Biased March 10, 2011 Maurice “Hank” Greenberg, the former American International Group Inc. chief executive, said the judge overseeing a New York attorney general...