A steak lunch at Smith & Wollensky in Manhattan starts at $36.50. The same lunch, eaten in the company of legendary investor Warren Buffett, costs approximately $2.63 million. That was the final result of the annual online charity auction for …
Transatlantic Holdings, Inc. and Allied World Assurance Co. Holdings, AG on Sunday signed a merger agreement that will create a leading, global specialty insurance and reinsurance company. The combined entity will have total invested assets of $21 billion, total shareholders’ …
IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the senior underwriter at Burns & …
The Insurance Professionals of San Joaquin County, Calif., a local chapter of the National Association of Insurance Women, International, installed new officers for the 2011-2012 term. Officers are: President Barbara Williams of Western Marine Insurance Services Corp.; Vice President Victoria …
A federal judge said Toyota owners outside California who seek to recover losses in their vehicles’ value resulting from unintended acceleration cannot pursue their claims under that state’s laws. Wednesday’s ruling by U.S. District Judge James Selna is a setback …
A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit determined that U.S. District Judge Lee Yeakel of Austin erred in …
NAS Insurance Services has launched its Data Security Risk Management Web site. The site offers up-to-date state and federal laws, compliance materials, training tools, and procedures to reduce insured’s exposure to data breaches and third party lawsuits. Policyholders who purchase …
The Employee Benefits Group division of the U.S. business group of Sun Life Financial, Inc. has launched a malpractice insurance reimbursement rider. The optional rider offers physician group long-term disability customers reimbursement of their malpractice insurance premium payments while they …
The family of a 4-year-old Massachusetts boy who died after falling from a mall escalator has filed a wrongful death lawsuit. Mark DiBona of Dudley died March 12 after falling from a second-floor escalator in a Sears store at the …
New York agents are cheering a new Senate bill that guarantees a role for producers in the state’s health insurance exchange. A bill introduced yesterday by Sens. James L. Seward (R-Milford) and Kemp Hannon (R-Garden City), is the first formal …
