IRS Scrutiny of Offshore Tax Avoidance Repels Bids for Bermuda Reinsurers May 19, 2015 By Sonali Basak The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’...
Amtrak Sued by Train Crash Victims Over Deadly Derailment May 19, 2015 By Sophia Pearson Six passengers on an Amtrak train that derailed May 12 in Philadelphia, killing eight and injuring more than 200, sued...
Florida Bans Price Optimization; Insurers Question Definition May 19, 2015 By Amy O'Connor A memorandum released last week by Florida Insurance Commissioner Kevin McCarty warning insurers in the state not to use price...
Two-Thirds of UK SMEs Not Aware of D&O Insurance: Allianz Research May 19, 2015 Two-thirds of small and medium business leaders in the United Kingdom are not aware of what directors & officers insurance...
DIMA CEO on Ireland’s Recovery and Facing Neglected Challenges May 19, 2015 By Charles E. Boyle Sarah Goddard, the CEO of the Dublin Insurance Marketing Association (DIMA), organizers of the European Insurance Forum, took time to...
Court Grants Google Copyright Win in Anti-Muslim Film Case May 19, 2015 By Andrew Harris and Edvard Pettersson Google Inc., joined by broadcasters and free speech advocates, beat back an actress’ bid to block her appearance in a...
Update: Russell Investment Exits Joint Venture With China’s Ping An May 19, 2015 By Pete Sweeney and Michelle Price Russell Investment Management and China’s Ping An Insurance Group said they have terminated their investment joint venture after four years,...
Supreme Court Favors Employees in Retirement Plan Monitoring Claim May 19, 2015 By Lawrence Hurley The U.S. Supreme Court on Monday revived claims made by Edison International employees who accused the utility of favoring higher-cost...
ANV Holdings Forms Consumer Products Team for Lloyd’s Syndicate 5820 May 19, 2015 ANV Holdings has unveiled a new consumer products team within Lloyd’s Syndicate 5820, reporting to Bruce Whitmee, who was recently...
ACE Appoints Kapoor as Terrorism & Political Violence Underwriter, UK & Ireland May 19, 2015 ACE Group appointed Ashwin Kapoor as terrorism and political violence underwriter as it continues to invest in building its specialist...