June 17, 2013
It was a historic moment in U.N. climate talks: with most countries in favor and only a group of OPEC members objecting, the German environment minister chairing the conference banged down her gavel to launch negotiations on a treaty to …
June 17, 2013
Toyota Motor Corp. and lawyers suing the company were given more time to win final approval of a $1.1 billion settlement of claims that recalls related to unintended acceleration hurt the value of U.S. customers’ vehicles. U.S. District Judge James …
June 17, 2013
A lawsuit against a western Kentucky coal mine accused of discriminating against black job applicants appears to be nearing a settlement. River View Coal, a subsidiary of Tulsa, Okla.-based Alliance Resource Partners, was sued in 2011 by the U.S. Equal …
June 17, 2013
Following its ratings report for the ACE Ltd. Group, A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” …
June 17, 2013
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the North America property/casualty subsidiaries of ACE Limited, which is domiciled …
June 17, 2013
Cooper Gay Swett and Crawford (CGSC) announced that Oliver Homer has joined the company, effective as of today, June 17, as Global Head of M&A, a newly created position within the group. He is based in London and will be …
June 17, 2013
Florida Gov. Rick Scott — and other top state officials — quickly distanced themselves last month from a controversial deal approved by Citizens Property Insurance Corp. to shift thousands of homeowner policies to a start-up insurance company. But emails show …
June 17, 2013
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human services, foundations, and community service, educational and religious …
June 17, 2013
Caledonia, Mich.-based retail insurance brokerage, Acrisure LLC, announced that Dave Tuit has joined the firm as chief financial officer. Tuit has more than 20 years of leadership in finance and accounting, mergers and acquisitions, operations management, and strategic planning. Most …
June 17, 2013
The average medical claim from a motorcycle crash rose by more than one-fifth last year in Michigan after the state stopped requiring all riders to wear helmets, according to an insurance industry study. For more than 40 years, Michigan required …