A $1.2 billion share sale by Fosun International Ltd. this month was likely only the start of a love affair with equity deals, bankers say, as the Chinese conglomerate seeks to cut reliance on debt to fund its huge acquisition …
The European Central Bank said on Thursday that record low interest rates were putting insurance firms and banks under increasing pressure and warned that any sell-off in stocks and bonds could damage the euro zone’s recovery. In its twice-yearly Financial …
San Diego, CA, May 29, 2015 – Atlas General Insurance Services, LLC is proud to announce that we have earned the distinction of being ranked as one of the “Best Places to Work for Millennials” in 2015. Over 3,000 companies …
President Barack Obama has signed a disaster declaration for areas of Oklahoma affected by severe storms, tornadoes, straight-line winds and flooding in early May. The declaration signed on May 26 makes federal funding available to individuals whose property was damaged …
U.S. House Republicans suing the Obama administration over the federal health care law should change it if they don’t like it, a Justice Department lawyer told a skeptical federal judge in a bid to have the lawsuit thrown out. The …
Uber Technologies Inc.’s new privacy policy released Thursday is shorter, easier to read and more expansive than before. The car booking company now more clearly tells its customers it can pretty much track everything they do while using the Uber …
Allstate Corp. said improved technology will eventually give the auto insurer a chance to boost revenue by selling customer driving data, much as Google Inc. profits by collecting information on those who use its search engine. “There are lots of …
With the legislative session winding down in Texas, a measure sought by the insurance industry that its proponents say would help rein in litigation related to property insurance claims has died in the House of Representatives. Passed by the Senate …
Burns & Wilcox Brokerage has named Karl Olson vice president and professional liability regional practice leader in its San Francisco team. Olson will be responsible for delivering professional liability brokerage services and growing the practice. He will report to Burns …
BP Plc won’t seek to access Transocean Ltd.’s $750 million insurance policy for the Deepwater Horizon rig, which exploded while drilling a BP well in 2010, sparking the worst offshore spill in U.S. history. London-based BP notified the Texas Supreme …
