August 14, 2014
American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer. Opposition lawmakers, during the current session of parliament scheduled …
August 13, 2014
Facebook’s fight against prosecutors over nearly 400 search warrants for users’ postings and other data is drawing support from other social media companies and civil libertarians. Lawyers for Foursquare, Kickstarter, Meetup, and Tumblr said Monday they were seeking to join …
August 13, 2014
Motorists breezing through parts of Pennsylvania are now able to set their cruise control at 70 mph without having to worry about getting a speeding ticket. Pennsylvania is the latest state to join the 70 mph club. A 100-mile section …
August 13, 2014
The Connecticut Supreme Court ruled on Monday that victims of the 2005 fiery crash at the bottom of Avon Mountain that killed four people and injured 19 others cannot sue the state on allegations that Route 44 had a dangerously …
August 13, 2014
What’s the big deal with a hard property/casualty insurance market? Everyone likes one, said Art Davis, president of Colony Specialty, a member of the Argo Group. “You make a lot of money, have good returns.” The problem is, Davis said …
August 13, 2014
R-T Specialty Group has named Dina Dryden assistant vice president of RT Binding Authority in the firm’s La Jolla, Calif. Office. Dryden will be responsible for underwriting complex program and non-program risks through pen insurance contracts. Dryden has worked on …
August 13, 2014
Ladenburg Thalmann Financial Services Inc. has signed a definitive agreement to acquire KMS Financial Services Inc., a Seattle, Wash.-based independent broker-dealer and investment advisor with a strong presence in the Pacific Northwest. Under the terms of the deal, Ladenburg will …
August 13, 2014
It has been 10 years since the record-breaking 2004 Atlantic hurricane season when four major hurricanes – Charley, Frances, Ivan and Jeanne – all made landfall in Florida within the space of six weeks, damaging one in five Florida homes. …
August 13, 2014
Agritourism is growing in Arkansas as more farm owners open their gates to tourists and form a spiderweb-like network among several state agencies and nonprofit organizations. Pumpkin patches, corn mazes, “U-Pick Farms” and vineyard tours in Arkansas’ wine country are …
August 13, 2014
Governor John R. Kasich and Ohio Bureau of Workers’ Compensation (BWC) Administrator/CEO Steve Buehrer announced a $1 billion rebate to Ohio’s private and public sector workers’ compensation customers, as well as a major new investment in worker safety research and …