Insurance for Middle East Oil Shipments Soars to More Than $500,000 June 25, 2019 By Sheela Tobben The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a...
Santander Pays $1.1B to Replace Allianz with Aegon, Mapfre in Spain Joint Venture June 25, 2019 By Charlie Devereux and Will Hadfield Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint...
Oklahoma Judge Approves Revised $85M Opioid Settlement With Teva June 25, 2019 By Nate Raymond An Oklahoma judge has approved a revised $85 million settlement with Teva Pharmaceutical Industries Ltd. resolving claims by the state’s...
Credit Rating of Federated Rural Electric Insurance Exchange in Kansas Upgraded June 25, 2019 AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength...
Chicago Cargo Company to Pay $135K to Settle EEOC Harassment, Retaliation Suit June 25, 2019 Federal officials say a Chicago-based cargo handling company will pay $135,000 to settle a sexual harassment and retaliation lawsuit. Alliance...
Federal Disaster Assistance Approved for 6 More Oklahoma Counties June 25, 2019 Oklahoma Gov. Kevin Stitt says six more counties in the state have been approved for disaster assistance by the Federal...
Mississippi Floodgate Opened Again to Drain Delta June 25, 2019 A floodgate in Mississippi has reopened as the Mississippi River falls, allowing a months-long flood in parts of the Mississippi...
Ironshore Environmental Adds Contractors Pollution Liability Product to Online Portal June 25, 2019 Ironshore Environmental has streamlined its Contractors Environmental Legal Liability (CELL) policy to be underwritten by broker partners through its online...
Signal Mutual, Trident to Offer Workers’ Comp for Marine Industry in Texas & Louisiana June 25, 2019 Signal Mutual, a nationwide provider of Longshore and Harbor Workers’ Compensation Act coverage, has partnered with Trident Marine Managers (TMM),...
Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets June 25, 2019 By Taiga Uranaka and Komaki Ito Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits...