Medical Bills Pile Up for Tennessee Meningitis Victim October 29, 2013 By Travis Loller More than a year after a routine steroid injection turned into a painful fungal infection that nearly killed her, Marjorie...
Justice Department Wielding FIRREA in Financial Fraud Cases October 29, 2013 By Aruna Viswanatha and Nate Raymond The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of...
Hartford Profit Up As Focus Shifts to P/C Insurance October 29, 2013 By Zachary Tracer Hartford Financial Services Group Inc.’s profit surged as the insurer focused on property/casualty coverage after divesting life and annuity units....
Europe Battered by Winter Storm Christian: AIR Worldwide Analysis October 29, 2013 Catastrophe modeling firm AIR Worldwide reported that “winter storm ‘Christian’ (known as ‘St. Jude in the United Kingdom) battered the...
PartnerRe Posts $333.4 Million Q3 Net Income; $392.2 Million 1st 9 Months October 29, 2013 Bermuda-based PartnerRe Ltd. reported a net income of $333.4 million, or $5.84 per share for the third quarter of 2013,...
Montpelier Re Reports $53 Million Q3 Net Income; $117.8 Million for 9 Months October 29, 2013 Bermuda-based Montpelier Re Holdings Ltd. reported its financial results for the quarter ended September 30, 2013. The bulletin said: “Fully...
India’s Iran Oil Imports Drop as Refiners Await Insurance Fund October 29, 2013 By Nidhi Verma India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut...
Arch Capital Posts $109.3 Million Q3 Net Income; $531.78 Million 1st 9 Months October 29, 2013 Bermuda-based Arch Capital Group Ltd. reported net income available to common shareholders for the 2013 third quarter of $109.3 million,...
Rusbuldt on McKinsey 2: Agent-Carrier Relationships Make a Difference October 29, 2013 By Andrew G. Simpson Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue...
12 Strange Weather Features of Superstorm Sandy October 28, 2013 Superstorm Sandy set several records and was unusual in even more ways. Here are 12 strange weather features of Sandy:...