Alibaba’s Ma vs. Berkshire’s Buffett; Lottery vs. Insurance: Saft September 26, 2014 By James Saft Jack Ma and Warren Buffett embody two great and contrasting businesses in finance. One sells lottery tickets and the other...
Lawyer Says 2 Families to Accept GM Ignition Switch Offer September 26, 2014 By Jessica Dye The families of two victims killed in a General Motors Co. vehicle with a faulty ignition switch will accept offers...
ABI Faults UK’s CMA for Failing to Address Replacement Car Costs September 26, 2014 By Charles E. Boyle The Association of British Insurers (ABI) has cited the Competition & Markets Authority’s (CMA) failure to tackle the excessive charges...
A.M. Best Affirms Rating of Kiln Syndicate 510 September 26, 2014 A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s...
Lahn to Lead Grinnell Mutual’s Legal Division September 25, 2014 Pete Lahn has been appointed senior vice president of legal, secretary and general counsel for Grinnell Mutual Reinsurance Co., in...
Burnham Benefits Adds Garcia to Its San Francisco Team September 25, 2014 Burnham Benefits Insurance Services Inc. has named Adele Garcia a senior account executive in its San Francisco Bay area office....
27 Arrested in Pennsylvania’s Statewide Insurance Fraud Sweep September 25, 2014 Pennsylvania’s Attorney General Kathleen G. Kane announced this week the arrest of 27 individuals across the state for a variety...
Mass. DOI Issues Bulletin on New CE Requirements for Producers September 25, 2014 The Massachusetts Division of Insurance issued a bulletin this week notifying the state’s insurance producers of recent changes to the...
Amtrak Seeks to Recoup Millions From Insurers for Sandy Losses September 25, 2014 By Young Ha Amtrak filed a lawsuit last week against more than a dozen insurers, claiming that the railroad operator is entitled to...
PCI Lobbyist Brown to Join Florida Law Firm Colodny, Fass September 25, 2014 Attorney G. Donovan Brown, Southeast state government relations counsel for the Property Casualty Insurers Association of America (PCI), is joining...