State Farm CEO: Headquarters Not Moving from Bloomington April 14, 2014 State Farm Insurance Co. CEO Ed Rust Jr. says the company’s plans to expand in Arizona, Texas and Georgia will...
N.Y. Lawmakers Examining Auto Insurance Costs, Rate Factors April 14, 2014 By David Klepper Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state...
N.Y. Regulators to Start Licensing Title Insurance Agents for First Time April 14, 2014 New York’s new budget gives state financial regulators authority to issue licenses to title insurance agents for the first time....
Massachusetts Judge Criticizes AIG in $7M Decision April 14, 2014 A Massachusetts judge has ordered AIG Inc. to pay at least $7 million to a Wellesley, Mass., man injured after...
Aspen Rejects Endurance’s $3.2B Hostile Acquisition Bid As ‘Ill-Conceived’ April 14, 2014 By Andrew G. Simpson Bermuda-based Endurance Specialty Holdings Ltd. today offered to buy Aspen Insurance Holdings Limited, also based in Bermuda, for $3.2 billion,...
SeaWorld Loses Bid to Nix OSHA Limit on Contact with Killer Whales April 14, 2014 By Andrew Zajac and Christopher Palmeri SeaWorld Entertainment Inc. lost its bid to overturn U.S. limits on trainers’ contact with killer whales imposed after one of...
Republicans to Use Burwell HHS Hearings to Question Affordable Care Act April 14, 2014 By Greg Giroux Republican lawmakers said hearings on Sylvia Mathews Burwell’s nomination as U.S. Health and Human Services secretary provide a fresh opening...
Cyclone Ita Landfall in Queensland as Cat 4; Cat 3 as It Moves Inland: AIR Analysis April 14, 2014 According to catastrophe modeling firm AIR Worldwide, “Tropical Cyclone Ita crossed the north Queensland coast near Cape Flattery between 11:00...
Willis Highlights Coverage Gap of $100 Million in Uninsured Cargo Losses April 14, 2014 “In recent years cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance...
Willis Strengthens Capital Markets Unit in Asia, London April 14, 2014 Willis Group Holdings plc announced two key appointments to further strengthen its capital markets division, Willis Capital Markets & Advisory...