For the first time in history, American companies now have five generations of employees in the workforce: the silent generation (born 1925-45), baby boomers (1946-64), generation X (1964-80), generation Y (1980-90) and millennials (after 1990). Each generation has its own …
Some North Carolina lawmakers are pushing legislation that forbids local governments from adopting their own building design standards in most cases. The Senate bill that passed the Commerce Committee on Tuesday says that local governments can’t control design features such …
Allianz Risk Transfer (ART NY) has vowed to strongly repudiate charges levied by Florida regulators that it contributed to the collapse of a domestic property insurer by seizing management control and saddling it with millions in fees. The Florida Department …
While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications, many are projecting that 2013 will see some healthy buying and selling, too. While there are many issues to address …
U.S. traffic safety regulators are expected to propose stronger measures to keep drivers from being distracted by in-car touchscreens. Transportation Secretary Ray LaHood and National Highway Traffic Safety Administration Administrator David Strickland have scheduled a news conference for Tuesday afternoon …
More than four in five Americans (81 percent) know that a standard homeowner’s insurance policy doesn’t cover flood damage, but even so the vast majority of homeowners do not purchase flood insurance. A 2012 poll by the Insurance Information Institute …
New members joining the UK Managing General Agents’ Association (MGAA) since the beginning of 2013 have increased the total combined gross written premium represented by the Association’s membership to over £2.5 billion [$3.85 billion]. “The total membership now includes 64 …
Swiss-based Allied World Assurance Company Holdings, AG reported net income of $159.0 million, or $4.49 per diluted share, for the first quarter of 2013, compared to net income of $218.2 million, or $5.70 per diluted share, for the first quarter …
The Bermuda-based Everest Re Group, Ltd. reported net income of $384.3 million, or $7.50 per diluted common share, for the first quarter of 2013, compared to net income of $304.7 million, or $5.68 per diluted common share, for the first …
At least 175 mainly women workers were killed in a Bangladesh building collapse and rescuers searching for survivors said on Thursday that many more were trapped in the rubble of a complex that housed factories supplying Western clothes retailers. The …
