Malaysian Military Tracked Missing Jetliner Turn to Strait of Malacca March 11, 2014 By Eveline Danubrata and Niluksi Koswanage Malaysia’s military believes it tracked a missing jetliner by radar over the Strait of Malacca, far from where it last...
Insurers Urge Lawmakers Not to Impose Bank Capital Requirements on Industry March 11, 2014 By Cheyenne Hopkins Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank- like capital standards on their...
Best Finds Gulf Growth Outpacing Developed and Other Emerging Markets March 11, 2014 A new report from A.M. Best concludes that “growth rates in the insurance markets of Gulf Cooperation Council (GCC) countries...
Zurich Insurance to Cut Up to 800 Jobs to Save $250 Million March 11, 2014 By Jeffrey Vögeli Zurich Insurance Group AG, the biggest Swiss insurer, plans to save $250 million annually by cutting as many as 800...
Hannover Re Q4 Net Income Rises 48% after Tax Gain March 11, 2014 By Oliver Suess Hannover Re, the world’s third- biggest reinsurer, posted a 48 percent increase in fourth- quarter profit, beating analysts’ estimates. Net...
Willis Global Appoints Menghi Director of Strategy and Transformation March 11, 2014 Willis Group Holdings has appointed Pietro Menghi as Director of Strategy and Transformation for Willis Global, the division which includes...
Since Newtown Shooting, 15 States Have Strengthened Gun Controls March 11, 2014 Fifteen states plus the District of Columbia strengthened their gun control laws in the year following the Newtown school shooting,...
Colorado Bill Would Exclude Uber Drivers Until Summoned March 10, 2014 By Don Jergler A bill on ridesharing in Colorado passed by state Senate on Monday paints a “bright line” between when users of...
M6.9 Quake Strikes off Northern California Coast March 10, 2014 A magnitude 6.9 earthquake struck off the coast of Eureka in Northern California, shaking regions as far away as San...
Preferred Mutual Promotes Lopata to Senior VP in New York March 10, 2014 Preferred Mutual Insurance Co. in New Berlin, N.Y., has promoted Jeffrey Lopata to senior vice president and chief information officer....