California News

Insurers Revive Cat Bond Market

By Sarah Hills
Insurers are issuing catastrophe bonds again to complement traditional and cheaper reinsurance and to spread the risks in buying protection...

People

U.S. Risk Insurance Group Inc. named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office....

It Figures

$1.6 Billion London-based BP told Reuters the oil spill in the Gulf of Mexico has already cost it $1.6 billion...

Business Moves

Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led...

Declarations

Waitress or Entertainer? “This really is the cornerstone of civil rights: You can’t discriminate based on appearance.” —Richard Bernstein, an...

Business Moves

Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos. Inc. agreed to sell investigations unit Kroll to a firm led...