Fewer Storms Forecast for 2012 Hurricane Season April 26, 2012 By Tom Brown The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms, six...
OneBeacon Forms New Specialty Program Group April 26, 2012 By Amy O'Connor OneBeacon Insurance Group Ltd. has formed a new specialty business, OneBeacon Program Group (OBPG), which will be led by President...
Wal-Mart Shareholder Sues Over Mexican Bribery Scandal April 25, 2012 A shareholder sued the board and several officers of Wal-Mart Stores Inc. on Wednesday over allegations that the company’s Mexican...
Petersen International Releases Extended Benefit Supplemental Income Plan April 25, 2012 Petersen International Underwriters has launched a specialty disability insurance plan that features a 10-year benefit period. “Prior to this new...
Argo Insurance Forms New Partnership for Watercraft Program April 25, 2012 Argo Insurance, a member of Argo Group International Holdings, Ltd., will offer a private and pleasure watercraft program through its...
FEMA Urges Renewal of Flood Insurance Program Set to Expire Next Month April 25, 2012 Federal flood insurance officials are urging Congress to renew the federal program. The National Flood Insurance Program is scheduled to...
What to Expect If Supreme Court Strikes Down Obamacare April 25, 2012 By Ricardo Alonso-Zaldivar If the Supreme Court strikes down President Barack Obama’s health care law, employers and insurance companies — not the government...
Goldman Must Defend Bond Insurer’s Fraud Claims April 25, 2012 Goldman Sachs Group Inc. must defend fraud claims brought by a bond insurance company over its notorious Abacus mortgage product...
AIG Alleges Ex-Air Lease CEO, Employees Stole Trade Secrets April 25, 2012 By Grant McCool American International Group Inc. has sued the co-founder and former chief executive of its aircraft-leasing unit, Steven Udvar-Hazy, accusing him...
Suspect Air Packs Still Being Used at Coal Mines April 25, 2012 Two years of testing have found a critical defect in a certain model of emergency breathing devices used in U.S....