Less Than 50% of Small Businesses Offer Employee Benefits: LIMRA January 29, 2013 Only 47 percent of small businesses (2-99 employees) in the United States offer benefits to their employees, the lowest level...
P/C Insurers Better Positioned Than Life Firms for 2013: Moody’s January 29, 2013 Both the life and property/casualty (P/C) insurance industries will be challenged in 2013 by slow economic growth that dampens sales...
SEC Immune from Investors’ Suit Over Madoff, Says Appeals Court January 29, 2013 By Jonathan Stempel Investors who said they lost money in Bernard Madoff’s fraud may not pursue a lawsuit against the U.S. Securities and...
Treasury Pay Czar Allowed Excessive Pay at Bailed-Out AIG, GM: Inspector General January 28, 2013 By Anna Yukhananov The U.S. Treasury Department in 2012 failed to curb executive pay at companies rescued with taxpayer funds, the second straight...
Senate Passes $50 Billion Sandy Aid Package; Bill Goes to Obama January 28, 2013 By David Lawder A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the...
Mississippi River Closure After Accident Delays 300 Barges January 28, 2013 By Karl Plume More than 300 barges were awaiting passage through a closed section of the Mississippi River near Vicksburg, Mississippi, on Monday,...
CFA Report: Largest Auto Insurers Often Charge Higher Premiums to Safe Drivers January 28, 2013 In its latest report on auto insurance premiums charged by the largest auto insurers, the Consumer Federation of America said...
The Hanover Enhances Technology Product Suite January 28, 2013 The Hanover Insurance Group, Inc. is enhancing its technology product suite to build on the company’s suite of specialized products...
Demand Surge Not An Issue For Sandy; Property Losses Near $19B January 28, 2013 By Susanne Sclafane Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy...
Antigua May Use Trade Sanctions Against U.S. Copyrights January 28, 2013 By Tom Miles The tiny Caribbean nation of Antigua and Barbuda will tell the World Trade Organization on Monday that it intends to...