Munich Re Invests $3.31 Billion in German Wind Power Plants December 30, 2010 Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany. It...
ABRY Acquires Majority Interest in York December 30, 2010 A Boston private equity firm has acquired a majority interest in New Jersey-based York Risk Services Group. ABRY Partners purchased...
Rising Rivers Prompt Evacuations of Australian Towns December 30, 2010 The military flew out a town’s entire population of 300 people by helicopter Wednesday in eastern Australia where waters continued...
Florida Limit on Public Adjuster Solicitation Ruled Unconstitutional December 30, 2010 A Florida court has thrown out a rule banning public adjusters from soliciting customers within 48 hours of a disaster...
BP’s Gulf Spill Costs Look Manageable 8 Months Later December 30, 2010 By Chris Kahn As the Gulf oil spill gushed out of control, BP’s financial liabilities seemed big enough to sink the company. No...
Liberty Mutual Paying $7.5M to Settle Bid-Rigging Charges December 30, 2010 By Kenneth J. St. Onge Boston-based insurer Liberty Mutual will pay a combined $7.5 million to New York and Connecticut to settle allegations that it...
Florida Student Settles Over Facebook Suspension December 30, 2010 A girl suspended from a Broward County charter school after she criticized a teacher on Facebook has settled a federal...
Lloyd’s Does Well in a Tough Year December 30, 2010 Lloyd’s year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult...
How to Fix Nation’s Flood Insurance Program December 30, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
11 Arrested in Florida on Staged Accident Charges December 30, 2010 A year-long investigation targeting insurance fraud has resulted in 11 arrests and three pending arrests connected with four Florida chiropractic...