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Regulators Approve Acqusition of Malpractice Insurer
The California Department of Insurance has approved the acquisition of Los Angeles-based medical malpractice insurance provider SCPIE Holdings Inc. by a Northern California competitor. SCPIE shareholders in March approved a deal that would...
BISP is revolutionary programme with no precedence: President Zardari
Benazir Income Support Programme (BISP) is a revolutionary step by the government which has no precedence, said President Asif Ali Zardari on Thursday. BISP is a step towards making Pakistan a welfare state and through which efforts are bei...
Seoul stocks close 0.14 pct lower on fading earnings momentum
South Korean stocks finished 0.14 percent lower Friday as the bullish earnings momentum started to lose its steam, analysts said. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI...
NTT DATA Cranks up Investments in Shanghai Synergy Software
NTT DATA Group, one of the leading providers of IT services solutions in Japan, has expanded its footprints to China by gearing up investments in Shanghai Synergy Software Co., Ltd., a software developer in Shanghai, making the Chinese comp...
CPIC to Attach Importance to Pension Insurance
China Pacific Insurance (Group) Co., Ltd. (CPIC, SEHK: 2601 and SHSE: 601601) will attach more importance to pension insurance this year, Huo Lianhong, president of the dual-listed insurer, said in an interview. In addition to paying more a...
Going Green May Help You Save Premium Green
Green energy, sustainable food, recycling, hybrid vehicles - environmental awareness is impacting the lives of Americans everyday. Many consumers are choosing to make both small and large changes to reduce their carbon footprint. If you are...
Bulgarian parliament OKs resignation of National Health Insurance Fund leader
The Bulgarian parliament on Thursday voted in favor of the resignation of the National Health Insurance Fund's leader just two months after her election to the position. Zheni Nacheva resigned Wednesday amidst prosecutors' accusations that...
Remarks by Secretary Clinton on Middle East Peace
U.S. DEPARTMENT OF STATE, Office of the Spokesman, April 15, 2010 REMARKS Secretary of State Hillary Rodham Clinton, Remarks at the Dedication of the S. Daniel Abraham Center for Middle East Peace April 15, 2010, W Hotel, Washington, D.C. S...
AESLIC appoints new president and COO
American Empire Surplus Lines Insurance Company, or AESLIC, a member of the Great American Insurance Group, has appointed Frederick Woebse as its new president and COO. Mr Woebse succeeds Robert Nelson, who was named chairman and CEO, until...
GreenRoad Earns Spot on 2010 Mass Transit Top Tech Innovations List
GreenRoad, a provider of driver safety and efficiency offerings, announced it is one of 10 companies included in the 2010 Mass Transit Top Tech Innovations list. The annual list honors technologies making contributions to the public transit...
SRI LANKA BANS COMPETITION IN STATE INSURANCE DEALS: REPORT
Sri Lanka's state has shut out competitive bids from private insurers for state entities, drawing a warning that the move would increase the cost of state enterprises and raise burden of government to the ordinary man. The Sunday Times news...
San Jose Man Accused of Hiding Payroll From Workers' Comp Insurer
A San Jose man stands accused of defrauding California's State Compensation Insurance Fund by not reporting more than $600,000 in payroll. The workers' compensation fraud charges could bring a sentence of five years in prison and a $50,000...
Majority of Indians wish to up savings in six months: Survey
An increasing number of Indians want to increase their savings in the next six months to meet retirement goals and to build up emergency funds, a survey has revealed. Over, 50 per cent of Indian respondents plan to increase savings in the n...
Socius Insurance Services names assistant vice president
Socius Insurance Services, a management liability, property and casualty insurance wholesaler, has appointed Kevin Miller as assistant vice president for its San Francisco office. In this role, Mr Miller will serve as director of programs w...
MGA Entertainment Wins Ruling Against Insurers
MGA Entertainment said Wednesday that a judge ruled that two insurance companies that earlier refused to pay for its defense in its Bratz legal battle with Mattel Inc. are legally bound to do so. A federal jury decided last year that a form...
Tribune Files Bankruptcy; Bankers Protest
The Tribune Company filed its bankruptcy reorganization plan on Monday, setting the newspaper publisher up for a showdown with a large group of lenders that called the terms unfair and demanded the right to propose a rival plan, Reuters rep...
AAA Recycles Four Million Auto Batteries, 90 Million Pounds of Lead
AAA has recycled more than four million automotive batteries and continues to promote the environmental importance of recycling this essential automotive part that 100 million U.S. motorists replace each year. Approximately 97 percent of al...
Insurance Firm Changes Name to USI of San Diego
El Camino Insurance of Oceanside has changed its name to USI of San Diego Insurance Services. Six years ago, El Camino Insurance Agency became part of USI Insurance Services, which is headquartered in San Francisco. The company says it is th...
Chinese coal ship grounded on reef in Australia 'for a few more days'
BRISBANE, Australia, April 10 (Xinhua) - Queensland Premier Anna Bligh said here on Saturday the stricken Chinese coal ship would stay on the grounded reef for a few more days before it is refloated. Bligh told reporters that the pump of oi...
Insurers look to technology to increase efficiency
Firms, Brokerages Turn to Technology to Boost Efficiency The Internet was supposed to revolutionize the way consumers and businesses shop for insurance. While that hasn't exactly happened, the Internet is having a big effect on the industry...
INDIACAN TO OPEN 210 VOCATIONAL TRAINING CENTRES IN FY'11
Vocational training firm IndiaCan on Thursday said it will expand its footprint in the country by adding 210 centres this fiscal year to impart courses in finance, retail, sales, insurance and information technology. IndiaCan, a joint ventu...
Crist Veto Teacher Merit Pay Bill
In a dramatic shift, Gov. Charlie Crist signaled Wednesday he might veto a bill tying teacher pay to student test scores, even as Florida legislators prepared for a final vote on the politically polarizing measure Thursday. Crist, who appear...
The Hartford Financial Services Group Reports New Strategy at Investor Meeting
The Hartford Financial Services Group, Inc. discussed its go-forward business plan, including a customer-centric business strategy and organizational structure at its investor meeting in New York City. -Strategy focuses on the company's uni...
FM Global Rolls Out Modifications to its Fire Protection Standards
FM Global, a commercial property insurer, said it has rolled out modifications to its fire protection standards with the introduction of a new Property Loss Prevention Data Sheet 2-0, Installation Guidelines for Automatic Sprinklers and a r...
Encino Chiropractor and Legal Assistant Jailed for Insurance Fraud
An Encino chiropractor and her legal assistant were arrested Thursday and charged with two counts each of insurance fraud after an investigation by the California Department of Insurance Fraud Division. Chiropractor Nasrin Nancy Hadizadeh F...
Quake Coming Back to Haunt Insurance Carriers
The Northridge earthquake is suddenly rattling insurance carriers all over again, with Gov. Gray Davis on Sept. 30 signing into law a measure giving thousands of homeowners an additional year to refile quake-damage claims. The measure, SB 1...
Industry Group Says Garamedi Will Force Disability Insurance Rates Up
The Association of California Life and Health Insurance Companies, America's Health Insurance Plans, the American Council of Life Insurers and the California Chamber of Commerce filed a complaint against Insurance Commissioner John Garamend...
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AIG Confirms Loss of Directors at Banque AIG
(BestWire Services Via Acquire Media NewsEdge) American International Group Inc
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Divided Democrats Put Obama In Health Care Bind
As President Obama struggles to regain control of the health care debate, he's
Why Does This Doctor Want to Be a Lawyer?
S In December, the same month he turns 44, Levine will graduate from Stetson
Washington State Enacts STOLI Bill With Mandatory
Washington Gov. Christine Gregoire signed a life settlement bill that includes
Sun Alliance Expects to Make Profit in 2010
The premium revenue Sun Alliance Insurance (China) Ltd. gained in China in the
Sens.Dodd,Corker Try to Bring New Life to Financial
Sen. Chris Dodd, the chief author of the Senate's financial system reform
Six in ten say Turn off family medical care because of
Copyright: Unknown Source: PR Newswire US Wordcount: PUBLIC CONTINUES TO
Rising unemployment forces in Florida, 21 other states
Rising unemployment has now forced 22 states, including Florida, to borrow
Hanover Insurance launches new management liability
US-based The Hanover Insurance Group has launched a new nonprofit management
Geithner seeks new powers over financial corporations
Copyright: The Associated Press. All rights reserved. This material May not be
Mitsui Sumitomo To Offer Coverage Against Cloud Risk
Mitsui Sumitomo Insurance Co. is offering companies protection against computer
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