RSA Launches New Restaurants and Hotels Policy January 13, 2014 RSA, one of the UK’s principle commercial insurers, has launched a new Restaurants and Hotels insurance policy, which it said...
Feds to Audit N.J. Gov. Christie’s Use of Sandy Relief Funds January 13, 2014 By Stacie Sherman and Derek Wallbank New Jersey Governor Chris Christie faces a federal investigation over his use of $25 million of Hurricane Sandy relief money...
N.J.’s Sandy Claims Mediation Program Recovered $3.42M Since May January 13, 2014 New Jersey’s mediation program to assist residents with unresolved insurance claims related to Superstorm Sandy has recovered $3.42 million for...
Supreme Court Nixes Organic Farmers’ Appeal on Monsanto Seed Patent January 13, 2014 By Greg Stohr The U.S. Supreme Court refused to let organic farmers and seed sellers challenge Monsanto Co.’s patents on genetically modified seeds....
Global Natural Disasters Cost Insurers $45B in 2013: Impact Forecasting January 13, 2014 In 2013, there were 296 separate natural disaster events that produced total economic losses of $192 billion – four percent...
Global Financial Regulators Eye Systemically Risky Non-Banks January 13, 2014 Global regulators have taken a first step to identifying financial firms such as brokers and hedge funds that face extra...
EU Sanctions Relief for Iran Includes Lifting Insurance Ban January 13, 2014 European Union governments will implement all EU sanctions relief for Iran covered by a landmark nuclear deal on Jan. 20,...
ACE Buying 69% Stake in Thai Insurer January 13, 2014 ACE Limited (ACE) said it has agreed to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL,...
AIG Rebranding, Expanding Retirement Services As Others Retreat January 13, 2014 By Zachary Tracer American International Group Inc. plans to add 600 advisers and expand their offerings to boost sales as rivals retreat from...
West Virginia Chemical Cleanup Continues; Probe of Leak Underway January 13, 2014 By Anna Edney and Mark Drajem West Virginia’s Governor sees the “light at the end of the tunnel” in the chemical leak that has compromised water...