Judge Allows Investors’ Class Action Against Facebook, Underwriters Over IPO December 19, 2013 By Bob Van Voris Facebook Inc. and the underwriters of its May 2012 initial public offering must face a class-action lawsuit by investors claiming...
Toyota Camry Improves in Insurance Safety Test December 19, 2013 By Alan Ohnsman and Angela Greiling Keane Toyota Motor Corp.’s Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer...
Willis Appoints Owens as CEO of New Global Captive Management Unit December 19, 2013 Willis Group Holdings announced the appointment of Paul Owens as CEO of the newly formed Willis Global Captive Management business,...
Torus Appoints Milne to Accident & Health Team December 19, 2013 Torus, the global specialty insurer, announced that John Milne has joined the company as Accident & Health Underwriter. The bulletin...
Liberty Mutual Group to Buy Rest of Irish Unit from IBRC December 19, 2013 By Joe Brennan Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland...
NICB: Florida Posts 23% Spike in Questionable Insurance Claims December 19, 2013 Florida’s questionable claims rose 23 percent from 2010 to 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012 Florida...
The Agency Manager-Employee Operations Gap and E&O Risk: Survey December 19, 2013 By Andrew G. Simpson Agency managers tend to have a rosier view of agency operations than their employees do, according to a survey that...
LeBreton Joins Specialty Risk Associates in Louisiana December 19, 2013 Shreveport, La.-based Specialty Risk Associates Inc. announced that Sue LeBreton joined the firm as a commercial lines underwriter. Prior to...
Gentry to Retire from Insurance Council of Texas December 18, 2013 Rick Gentry, executive director of the Insurance Council of Texas (ICT) since 1997, has announced that he will retire from...
Tyson Foods Fined $147K for Safety Violations at Kansas Plant December 18, 2013 Tyson Foods Inc. has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration for four workplace...