Capital Rules Eased for UK Banks, Insurers in Wake of Brexit Vote July 5, 2016 By Scott Hamilton, Jill Ward and Paul Gordon Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave...
India’s Biggest Shipping Firm Resumes Iran Oil Transport with Insurance in Place July 5, 2016 By Nidhi Verma Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo...
Jury Awards $27M to Four Fired Allstate Employees in Illinois July 5, 2016 A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation....
Football Players at Western Ohio School District File Lawsuit July 5, 2016 A federal lawsuit has been filed by five former high school football players and two parents against various employees of...
Quake Rattles Portions of North Central Oklahoma July 5, 2016 An earthquake has rattled part of north central Oklahoma. The U.S. Geological Survey says a 3.1 magnitude earthquake was recorded...
A.M. Best Affirms Ratings of Markel Int’l & Lloyd’s Syndicate 3000 July 5, 2016 A.M. Besthas affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of UK-based Markel...
Governor of Oklahoma Seeks Disaster Declaration for June Flooding July 5, 2016 Gov. Mary Fallin has asked for a federal disaster declaration in three Oklahoma counties as a result of severe storms...
Las Vegas K-9 Officer Indicted for Insurance Fraud July 5, 2016 A veteran Las Vegas police K-9 officer has been indicted on felony charges alleging he burned his recreational vehicle trailer...
Collapse of Utah Insurance Co-Op Leaves Millions in Claims Unpaid July 5, 2016 The collapse of Utah’s nonprofit insurance cooperative is leaving Utah hospitals with millions in unpaid claims. Arches Mutual Insurance Co....
Wildfire Threat in California, Southwest High in July July 5, 2016 Forecasters say the threat of wildfires will remain high in Southern California and the Southwest this month because of persistent...