A Christian health program is back in operation in Kentucky, paying medical bills for churchgoers who pledge not to smoke, drink or engage in sex outside of marriage. Christian Care Ministry President Tony Meggs said Friday that Kentucky residents have …
Bob and Pat Smith have seen many floods in their 47 years on Water Street, but none as severe as in Superstorm Sandy. Last year’s storm waters rose halfway up their front door and left a debris field of mud …
An internal investigation has found the Port Authority of New York and New Jersey paid millions of dollars in excessive insurance premiums for construction projects. Chief investigator Michael Nestor tells The Star-Ledger of Newark, N.J., the agency is looking at …
Ex-Pennsylvania State University President Graham Spanier and two other former officials will be in a court hearing today on whether they must stand trial for hiding information tied to the Jerry Sandusky sexual-abuse scandal. Spanier, former Athletic Director Timothy Curley …
Germany’s Allianz and Australian group QBE bear the bulk of the insurance liability from this week’s fatal train crash in northwest Spain, according to sources at the companies. While Allianz’s Spanish subsidiary covers a compulsory personal accident policy for Spain’s …
Aon UK Limited, the UK arm of Aon plc, which in addition to traditional insurance activities, also provides risk management, human resource consulting and outsourcing expertise, welcomed over 60 senior risk executives from leading banks and other financial institutions to …
Hiscox Ltd., the second-biggest Lloyd’s of London insurer by market value, said first-half profit jumped 44 percent, beating analyst estimates, helped by accelerating growth in gross written premiums. Net income climbed to £180.7 million ($278 million) in the six months …
Tokio Marine Holdings Inc., Japan’s second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan’s shrinking population erodes its domestic market. The insurer plans to expand in life insurance, automobile coverage, reinsurance and asset management, President Tsuyoshi Nagano …
Aon’s earnings report of its results for the second quarter of 2013 showed a pattern of growth throughout the organization. Total revenue was $2.9 billion with organic revenue growth of 3 percent, while earnings per share (EPS) from continuing operations …
Allied World Assurance Company Holdings, AG reported a net loss of $1.9 million, or $0.05 per diluted share, for the second quarter of 2013 compared to net income of $96.4 million, or $2.59 per diluted share, for the second quarter …
