BP Seeks Halt to Oil Spill Payments to Seafood Firms, Alleges Attorney Fraud December 18, 2013 By Jef Feeley and Margaret Cronin Fisk BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the...
RSA’s S&P Rating Remains Seriously at Risk Even after Second Downgrade December 18, 2013 An analysis from Stuart Shipperlee, Analytical Partner at Litmus Analysis, notes that following S&P’s initial downgrade last month, “RSA faced...
Swiss Re Reports 2013 Disaster Losses at $130 Billion; $44 Billion Insured December 18, 2013 According to preliminary estimates from Swiss Re’s latest sigma report, insured losses from natural catastrophes and man-made disasters in 2013...
Willis International Chairman Sarah Turvill to Retire; Will Join Board December 18, 2013 Willis Group Holdings announced that Sarah Turvill will retire as Chairman of Willis International at the end of 2013, and...
Sompo Japan to Buy UK Insurer Canopius in Overseas Expansion Drive December 18, 2013 By Komaki Ito and Tomoko Yamazaki Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it...
Couple Settles for $1M in North Carolina Daycare Tragedy December 18, 2013 Court records say a Catawba County couple has received a $1 million settlement from a Mooresville daycare after their infant...
Young Joins Swett & Crawford’s Dallas Professional Services Team December 18, 2013 Swett & Crawford, part of the independent global wholesale and reinsurance broking group Cooper Gay Swett & Crawford (CGSC), announced...
NICB: Massachusetts Posts 57% Increase in Questionable Insurance Claims December 17, 2013 Questionable claims in Massachusetts rose 57 percent from 2010 through 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012...
California Tops ‘Judicial Hellhole’ List December 17, 2013 By Don Jergler California isn’t just a warm place to live, which is often the case even in winter, but it turns out...
Universal, Fireman’s Fund Seek ‘Fast and Furious’ Solution December 17, 2013 By Don Jergler When “Fast And Furious” star Paul Walker died and left the seventh film in the franchise hanging in the balance,...