G20 Urges U.S. to Centralize Insurance Regulation August 29, 2013 By Huw Jones The United States could improve how it spots and prevents risks in the financial system from turning into destabilizing crises,...
Court Reverses OK for BP to Access Transocean Insurance to Pay Oil Spill Costs August 29, 2013 By Laurel Brubaker Calkins and Margaret Cronin Fisk A U.S. appeals court withdrew its decision finding BP Plc had access to $750 million in Transocean Ltd.’s insurance to...
Cochrane & Company Combines Property, GL Coverage for Shooting Sports Program August 29, 2013 Cochrane & Company has combined general liability and property insurance for its ARMS program for the shooting sports industry, which...
Ironshore Specialty Launches Simplified Excess Liability Policy Form August 29, 2013 Ironshore Inc.’s Specialty Casualty unit has introduced a new policy form for excess liability risks to provide a more concise...
Lloyd’s Internal Probe Said to Be Focus of New York’s Iran Sanctions Inquiry August 29, 2013 By Greg Farrell A New York regulatory investigation of Lloyd’s of London for possible violations of Iran sanctions law has led to a...
Blackstone Settles IPO Disclosure Lawsuit for $85 Million August 29, 2013 By Joel Rosenblatt Blackstone Group LP reached an $85 million settlement with investors over claims it made misrepresentations about its initial public offering....
Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies August 28, 2013 By Joseph Menn If the United States attacks Syria, it will be the first time it strikes a country that is capable of...
Judge Denies BP’s Bid to Halt Gulf Oil Spill Payments Pending Investigation August 28, 2013 By Margaret Cronin Fisk BP Plc lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to...
AAMGA Expands Membership to Include All Wholesale Professionals August 28, 2013 By Andrea Wells The American Association of Managing General Agents (AAMGA) has decided to expand its membership to include all wholesale insurance professionals,...
Regulators Alert Financial Firms to Disaster Risk August 28, 2013 The Securities and Exchange Commission has issued a risk alert on business continuity and disaster recovery planning for investment advisers....