Rescheduled Asiana Crash Hearing to Probe Pilot Reliance on Automation December 10, 2013 By Alan Levin A U.S. safety regulator’s hearing on the July 6 crash of an Asiana Airlines Inc. plane in San Francisco was...
Former Marsh CEO Duperreault in Group Buying SAC Capital Reinsurance Unit December 10, 2013 By Katherine Burton, Noah Buhayar and Zachary Tracer Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, agreed to sell a reinsurer he formed in 2012...
Title Insurer Fidelity National Weighs Selling Assets December 10, 2013 Fidelity National Financial Inc., the title insurer that also has restaurant businesses and an auto parts company, hired JPMorgan Chase...
Ex-Texas, South Carolina Regulator Kitzman Joins Starr Insurance as VP December 9, 2013 Starr Companies said it has appointed Eleanor Kitzman as vice president of Starr Insurance Holdings Inc. Kitzman will have regulatory,...
Marsh Appoints Bentley As President of U.S., Canada December 9, 2013 Marsh has named Robert Bentley as president of its U.S. and Canada Division. Bentley will be responsible for the oversight...
Judge Blocks BP Investors from Suing as Group Over Losses December 9, 2013 By Laurel Brubaker Calkins and Margaret Cronin Fisk BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before...
Group Health Plans Pay for ‘Zero-Cost’ Workers’ Compensation Claims: Study December 9, 2013 Workers’ compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance...
Allstate Picks ING to Sell Fixed Annuities to Its Home, Auto Customers December 9, 2013 By Noah Buhayar and Zachary Tracer ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and...
Glass-Steagall Firewall Could Return If Volcker Rule Disappoints December 9, 2013 By Cheyenne Hopkins and Phil Mattingly Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its...
National Interstate Launches Captive for Waste Haulers December 6, 2013 National Interstate Insurance Co. has formed a new group rental captive for waste haulers to complement its traditional insurance program....