Buffett’s Berkshire Hathaway Shores Up Bank of America with $5 Billion August 26, 2011 By Ben Berkowitz and Joe Rauch Warren Buffett will invest $5 billion in Bank of America Corp., stepping in to shore up the largest U.S. bank...
New York Coastal Residents Urged to Move Out of Irene’s Way August 26, 2011 By Joan Gralla New Yorkers living in low-lying areas should think about moving out Friday before Hurricane Irene hits the city of 8.4...
East Coast Cities, Resorts Prepare for Irene August 26, 2011 By Jim Brumm North Carolina braced Friday for a direct hit from Hurricane Irene, cities along the U.S. east coast were on alert...
Pittsburgh Officer Put on Leave over Fraud Charges August 26, 2011 A Pittsburgh police officer, already disciplined for his conduct during an off-duty vehicle crash, has been put on paid leave...
Most Maryland Homeowner Policies Don’t Have Quake Coverage August 26, 2011 Most Marylander homeowners aren’t likely to be covered for earthquake damage under their homeowner’s policies. The Insurance Information Institute [I.I.I.]...
Two to be Sentenced in Rhode Island Insurance Scheme August 26, 2011 A federal judge is set to sentence a former Rhode Island politician and an ex-radio host for their roles in...
Best Affirms China Re and Subs ‘A’ Ratings; Outlook Stable August 26, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of...
UK Travel Insurer Columbus Direct Expands into German Market August 26, 2011 UK travel insurer Columbus Direct, which is part of the Collinson Insurance Group, announced the expansion of its range of...
Willis Acquires Polish Broker to Expand Employee Benefits, Construction August 26, 2011 Willis Europe B.V., a division of Willis Group Holdings plc, has acquired 100 percent of the shares of Polish insurance...
Irene Causes Extensive Property Damage on Smaller Islands in the Bahamas August 26, 2011 By Ben Fox Large and powerful Hurricane Irene roared across the Bahamas archipelago on Wednesday, knocking down trees and destroying homes on a...