New York Railroad Workers Charged in $1 Billion Disability Claims Fraud October 28, 2011 U.S. prosecutors charged 11 people Thursday in connection with an alleged $1 billion fraud involving hundreds of railroad workers filing...
Wall Street Protesters Target Health Insurers October 28, 2011 Occupy Wall Street protesters held a speak-out and march in New York City targeting the health insurance industry. Several hundred...
PartnerRe Details Cat Loss Estimates; $169 Million in Q3 October 28, 2011 Bermuda-based PartnerRe Ltd. has issued a statement indicating that it has “experienced no individual loss events occurring during the third...
Brokers Flock to Sign up for London Market’s Electronic Trading ‘e-Accounts’ October 28, 2011 The London market’s ambition to enable brokers to trade globally with it more easily has taken a significant step closer...
Hedge Fund Guru Cohen to Set up Reinsurance Business October 28, 2011 By Svea Herbst-Bayliss Steven A. Cohen, who built one of the world’s biggest and most successful hedge funds, is branching out and plans...
Best Affirms Munich Re, Subsidiaries, Munich Re America ‘A+’ Ratings October 28, 2011 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Thai Floods Batter Global Electronics, Auto Supply Chains October 28, 2011 By Ploy Ten Kate and Chang-Ram Kim Manufacturers of car parts and computer hard drives are the worst hit in Thailand, and face a bleak key holiday...
EBRM Launches BCS Errors & Omissions Insurance October 27, 2011 EBRM has launched a new BCS errors & omissions policy available only to authorized agents of EBRM, a general agency...
Group Challenges Secret Court Arbitration in Delaware October 27, 2011 An open-government group on Tuesday, Oct. 25, challenged a law that allows members of Delaware’s Court of Chancery to preside...