Guilford families blame father in boat crash [New Haven Register, Conn.] Insurance Newsnet | Aug. 27--GUILFORD -- The father of a man blamed in a fatal boat accident last year shares responsibility for the incident because he owned the vessel and knew his son was prone to drinking while boating, victims' families allege in recently filed court documents. | The documents were submitted in ...
AIG sold almost all it had, but it's not safe yet Gulf News | What on earth is one to make of AIG these days? With the US Treasury owning 78 per cent of the insurer, few investors or analysts look at the stock any more. Such was the scale and awfulness of AIG's demise and subsequent bail-out that most, it seems, would rather put the whole episode behind them...
ACIC Bill Roundup Insurance Newsnet | SACRAMENTO, Calif., Sept. 3 -- The Property Casualty Insurers Association of America issued the following news release: | Following is ACIC's weekly Bill Roundup news release which lists insurance-related bills and other measures acted upon by lawm...
Countdown: 4 Weeks until Flood Insurance Expiration Insurance Newsnet | WASHINGTON, Sept. 2 -- The Property Casualty Insurers Association of America issued the following news release: | The National Flood Insurance Program (NFIP) is set to expire in four weeks, on September 30, just as the 2010 Atlantic Hurricane Seaso...
CNA Announces Risk Control Webinars on Employment Risks Insurance Newsnet | CHICAGO--(BUSINESS WIRE)-- All companies face a number of employee-related risks and challenges, from dealing with an aging or obese workforce to insurance fraud and drug testing mistakes. To help these companies better understand these risks and a...
Study Focusing on Insurers Finds Link Between Poor Leadership and Firm Failure Insurance Newsnet | A study of property/liability insurance companies found how well a firm fares depends on who is in charge, and that there is a correlation between inefficient management and the likelihood of failure. Some chief executive officers can bolster a com...
Insurance Industry Loses Jobs, But Moderately Insurance Newsnet Copyright: A.M. Best Company, Inc. Source: BestWire Services Wordcount: unknown | The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau...
BestDay Video for Friday, Sept. 3: Top Global Reinsurance Brokers Insurance Newsnet | BestDay Video for Friday, Sept. 2: Senior Associate Editor Meg Green details Best's Review's fourth annual listing of top global reinsurance brokers ranked by 2009 brokerage revenues. John Weber hosts. | Recent episodes of BestDay Video include: | ...
US Jobs Report: Insurance Industry Fails to Find Job Gains, But Slide Is Moderate Insurance Newsnet | The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau of Labor Statistics. That's a relatively minor loss, though, and in a sliver of...
CIGNA appoints CFO Insurance Newsnet | Sep 03, 2010 (Datamonitor via COMTEX) -- CIGNA, a health service and financial company, has appointed Thomas McCarthy, currently CIGNA's vice president and treasurer, to the position of acting CFO. He will replace Annmarie Hagan. | Since 2003, Mr M...
CNinsure appoints head of insurance brokerage business Insurance Newsnet | Sep 03, 2010 (Datamonitor via COMTEX) -- CNinsure, an independent insurance intermediary company operating in China, has appointed Bo Zhao as head of its insurance brokerage business unit. | Mr Zhao will assist the company to expand its product and...
Bed Bugs May Bite Insurers, But Won't Dog Industry Insurance Newsnet Copyright 2010 MarketWatch.com Inc.All Rights Reserved | MarketWatch | September 2, 2010 Thursday 7:27 PM EST | NEWS & COMMENTARY | 833 words | Bed bugs may bite insurers, but won't dog industry | Alistair Barr, MarketWatch . | Alistair Barr is a...
Phoenix Cos. Leads Thursday's AMBG as Global Insurance Index Rises 0.58% Insurance Newsnet | The AMBG closed Thursday, Sept. 2 at 789.49 (+0.58%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Phoenix Cos. (+7.57%) and Hardy Underwriting (+6.12%). Trailing the list of global insurance...
Division of Workers' Compensation Announces Recent Enforcement Actions Insurance Newsnet | AUSTIN, Texas, Sept. 2 -- The Texas Department of Insurance issued the following news release: | Commissioner of Workers' Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division o...
Villa set for Houllier gamble Gulf News | London: Aston Villa, it seems, are about to take the plunge by bringing in Gerard Houllier to fill the huge void left by Martin O'Neill's hasty departure. If true, it's an awfully big call by Randy Lerner, Villa's American owner. | Out of work for three years with a history of health problems, Houllier's appointment would represent a gamble at a ...
Foxconn cuts target as size brings challenge Gulf News | Shenzhen, China: Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world's largest contract manufacturer of electronics by half as demand for Apple Inc iPhones and iPads fails to offset slowing computer sales. | Gou, who founded the Taiwanese company in 1974, will tell managers that he's lowering Foxconn's a...