Ex-Pennsylvania State University President Graham Spanier and two other former officials will be in a court hearing today on whether they must stand trial for hiding information tied to the Jerry Sandusky sexual-abuse scandal. Spanier, former Athletic Director Timothy Curley …
Germany’s Allianz and Australian group QBE bear the bulk of the insurance liability from this week’s fatal train crash in northwest Spain, according to sources at the companies. While Allianz’s Spanish subsidiary covers a compulsory personal accident policy for Spain’s …
Aon UK Limited, the UK arm of Aon plc, which in addition to traditional insurance activities, also provides risk management, human resource consulting and outsourcing expertise, welcomed over 60 senior risk executives from leading banks and other financial institutions to …
Hiscox Ltd., the second-biggest Lloyd’s of London insurer by market value, said first-half profit jumped 44 percent, beating analyst estimates, helped by accelerating growth in gross written premiums. Net income climbed to £180.7 million ($278 million) in the six months …
Tokio Marine Holdings Inc., Japan’s second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan’s shrinking population erodes its domestic market. The insurer plans to expand in life insurance, automobile coverage, reinsurance and asset management, President Tsuyoshi Nagano …
Aon’s earnings report of its results for the second quarter of 2013 showed a pattern of growth throughout the organization. Total revenue was $2.9 billion with organic revenue growth of 3 percent, while earnings per share (EPS) from continuing operations …
Allied World Assurance Company Holdings, AG reported a net loss of $1.9 million, or $0.05 per diluted share, for the second quarter of 2013 compared to net income of $96.4 million, or $2.59 per diluted share, for the second quarter …
Victims in Tennessee of a deadly U.S. meningitis outbreak won the right to pursue a new avenue of litigation against healthcare facilities and doctors there, after a ruling by a U.S. bankruptcy judge this week. Tennessee was the second hardest-hit …
P Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British oil company as unconcerned about well …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) announced that Kerry D. Sullivan will join the agency as Deputy Commissioner for Hearings, effective Sept. 3, 2013. Prior to joining the TDI-DWC, Sullivan spent most of his professional career …
