How Insurers Would Wind Down If Needed to Avoid Future Bailout July 3, 2014 By Jesse Hamilton and Zachary Tracer American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid...
Hurricane Arthur Prompts North Carolina Coast Evacuations, East Coast Flood Watches July 3, 2014 By Brian K. Sullivan, Heesu Lee and Naomi Christie Hurricane Arthur gained strength as it bore down on North Carolina’s Outer Banks, where some residents and visitors were ordered...
Small Firms Fear Gap in Trade Finance If Export Import Bank Closed July 3, 2014 By Krista Hughes Private sector trade finance has not fully recovered from its financial-crisis collapse, and it is not clear it could fill...
Painkiller Prescribing Varies By State, Highest in South; Florida Reverses Trend: CDC July 2, 2014 Health care providers in some states prescribe far more painkillers than those in other states, according to a new government...
Markel Now Underwriting Trade Credit Insurance in U.S. July 2, 2014 Markel Corp. is now underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted...
Klisura to Lead New Marsh Global Placement Team; Lang to Head U.S. Placement July 2, 2014 Insurance broker Marsh has named Dean Klisura as head of the firm’s newly created Global Placement organization. Klisura will oversee...
GEICO Appoints 5 to Officer Posts Across Country July 2, 2014 GEICO has announced a number of officer appointments: Michelle Trindade, vice president of the competitive advantage leadership group at the...
Swiss Re’s Klena Joins ACE North American Marketing, Communications Team July 2, 2014 ACE Group has appointed Cora Klena as senior vice president, North American Marketing and Communications. Klena will be responsible for...
Insurers See Rise in Severity of Lawyers’ Malpractice Claims: Ames & Gough July 2, 2014 Although the frequency of law firm malpractice claims has begun to level off following a post-recession surge, their severity has...
Supreme Court to Decide UPS Workplace Pregnancy Accommodation Dispute July 2, 2014 By Laurie Asseo The U.S. Supreme Court will use a case involving United Parcel Service Inc. to decide whether pregnant employees can be...