Citing Safety, Kentucky Corvette Museum Decides to Fill In Sinkhole September 3, 2014 By Bruce Schreiner A massive sinkhole that swallowed eight sports cars won’t be a permanent attraction at the National Corvette Museum in Kentucky...
Infamous Florida ‘Speed Trap’ Town Accused of Profiting from Tickets September 3, 2014 By Jason Dearen The north Florida town of Waldo has long had a reputation as a speed trap, and it’s no wonder. A...
Helicopter Crash Lawsuit Against Florida Hotel Mogul Dismissed September 3, 2014 A $100 million lawsuit against a Florida billionaire over a fatal 2012 helicopter crash in the Bahamas has been dismissed....
Global Regulators Call for Closer Regulation of Financial Firms September 3, 2014 By Huw Jones Financial industry regulators need better coordination in the event of a big multinational financial institution failing or breaching compliance rules,...
S&P Report Warns Reinsurers Not to Ignore Global Impact of Climate Change September 3, 2014 Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014...
Focus Shifts to BP Following Halliburton Oil Spill Settlement September 3, 2014 By Bradley Olson and Margaret Cronin Fisk Halliburton Co.’s agreement to settle most of the lawsuits stemming from its role in the worst offshore oil spill in...
Kaufman Financial Group Acquires Marine & Energy Broker Oval International September 3, 2014 The H.W. Kaufman Financial Group has announced the “purchase of London-based Oval International, a Lloyd’s broker that is globally recognized...
Brokerslink Expands in Africa with New Operation in Ivory Coast September 3, 2014 Independent insurance broker network Brokerslink announced that it has “continued its African regional expansion with the opening of a new...
‘Worst Market in Memory’ to Keep Pressure on Reinsurance Rates September 3, 2014 By Carolyn Bandel and Oliver Suess The worst reinsurance market in memory looks set to carry into 2015, industry executives said. An absence of costly disasters...
ING Gains on Plan to Cut Voya Stake with $1.2 Billion Share Sale September 3, 2014 By Maud van Gaal and Noah Buhayar ING Groep NV, the biggest Dutch bank, gained in Amsterdam trading after it said it will reduce its stake in...