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Europe Moves Ahead with Fiscal Union; UK Isolated

Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain isolated. Twenty-three …

NHL Says Brain Ailment Evidence Is Lacking

National Hockey League Commissioner Gary Bettman says there is not enough data yet to draw conclusions about the link between concussions and a degenerative brain ailment that has been found in four dead ice hockey players. The league wrapped up …

Do Actuarial Models Influence P/C Underwriting Cycle?

Property/casualty insurance is noted for the sharp rise and fall of its rates – the underwriting cycle. As actuaries have developed more sophisticated statistical and computer models to help understand complex insurance problems, what has been their effect on the …

Wishes & Predictions Survey 2012: Participate Now

What do you HOPE will happen in your insurance organization in 2012? Now, what do you THINK will happen? Will the insurance market harden or will prices remain soft? Will your agency or insurance organization perform better in 2012 than …

Fireman’s Fund Bushnell Named to U.S. Green Building Council Board

Steven Bushnell, a senior director at Novato Calif., based-Fireman’s Fund Insurance Co., has been appointed to the U.S. Green Building Council 2012 board of directors. USGBC on Thursday announced the newly elected officers and new directors to its 2012 Board …

Central Indiana School Bullying Lawsuit Settles for $150,000

A former student at a central Indiana high school has agreed to a $150,000 settlement of her lawsuit claiming school officials failed to stop bullying by a male classmate. Neither the Bartholomew Consolidated School Corp. nor the male student admit …

SIAA Adds Master Agency to the California Marketplace

Strategic Insurance Agency Alliance Inc. (SIAA), a national alliance of over 3,900 independent insurance agencies, announced that master agency partner CoVerica Agency Alliance, formerly SIG Agency Alliance, has expanded into California. CoVerica’s territory in California will include the northern Los …

Arthur J. Gallagher Acquires Transwestern in Utah

Transwestern General Agency Inc. in Salt Lake City, Utah has been acquired by Arthur J. Gallagher & Co. Terms of the transaction were not disclosed. Founded in 1945, Transwestern is a managing general agent and wholesale insurance broker providing excess …

Michigan Senate Approves Workers’ Compensation Changes

Workers’ compensation reform legislation that supporters say will help reduce employer costs for helping injured workers has advanced in Michigan. The state Senate has passed a bill that was previously approved in the House, with some changes. The vote on …

Professional Program Insurance Brokerage Launches Yoga Product

Professional Program Insurance Brokerage (PPIB) has set up a national program for yoga-related businesses. The product covers yoga practices, teachers and practicing students. A variety of coverages are available through the program, including claims-made coverage for general liability and products …

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