Boozing, Promiscuous Business Travelers Put Selves, Employers at Risk February 20, 2015 America’s business travelers are too often mixing business with pleasure, exposing themselves and their employers to dangerous scenarios. According to...
Global Reinsurance M&A – A Strategy or an Ultimatum? Best’s Briefing February 20, 2015 A.M. Best has released a briefing exploring the recent wave of merger and acquisition (M&A) activity in the global reinsurance...
FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO February 20, 2015 By Andrew G. Simpson The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by...
Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne February 20, 2015 By Amy O'Connor Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because...
Best Sees No Ratings Changes for Fairfax from Brit Acquistion February 20, 2015 A.M. Best has commented that the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings...
Fairfax to Sell Shares for Brit Acquisition to Protect Credit Rating February 20, 2015 By Katia Dmitrieva Fairfax Financial Holdings Ltd.’s Prem Watsa, who said this week that issuing stock was one of his last options for...
Australian Tropical Cyclones Weaken After Destructive Winds Hit Coast February 20, 2015 By Ben Sharples Two severe tropical cyclones that lashed Australia’s north and east coasts with destructive winds have been downgraded after hitting the...
SEC Filing: Duke Energy Expects to Settle Criminal Charges from Spill for $100M February 20, 2015 By Michael Biesecker and Mitch Weiss Duke Energy expects to pay $100 million to settle an ongoing federal criminal investigation that began after a massive coal...
Fired Atlanta Fire Chief Files Federal Suit Against City February 20, 2015 By Phillip Lucas The former Atlanta fire chief who was fired after self-publishing a book that described homosexuality as a perversion has sued...
Florida’s Citizens’ Recovery Unit Increased Policyholder Refunds in 2014 February 20, 2015 Citizens Property Insurance Corp. reports it returned nearly $310,000 in refunds to affected policyholders in 2014 as part of its...