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Insurance Journal
Florida Homeowners Association Could Be Sued in Martin Shooting Case - Insurance Journal
She declined to give her name. Zimmerman told Sanford police detectives he had lost track of Martin and was returning to his vehicle when Martin attacked him from behind. Then-Police Chief Bill Lee said detectives were unable to arrest Zimmerman ...
MBIA Reportedly Ready to Settle with UBS Over Restructuring - Insurance Journal
By Karen Freifeld | March 16, 2012 UBS AG has agreed to settle litigation against MBIA Inc. that challenged the bond insurer's 2009 restructuring, people familiar with the matter said on Thursday. The UBS settlement calls for credit-default swaps to be ...
AIG Sells $500 Million Stake in Blackstone - Insurance Journal
AIG, which became majority owned by the US government after it was bailed out during the financial crisis of 2008, had acquired the stake before Blackstone went public in 2007, the source said. The sale is part of AIG's ongoing effort to monetize ...
West Africa Waters Among Riskiest Routes for Shippers - Insurance Journal
The man, who declined to give his name, said the Fourseas had been under contract to an Indian company at the time of the attack. The nationalities of those killed in the attack could not immediately be determined Tuesday.
Bogus Insurance Claims Help Spaniards Weather Tough Economic Times - Insurance Journal
“In the end, they break down and tell us they made it all up,” said the plainclothes police official, who asked that his name not be used, for security reasons. Spaniards have a word for — and long-standing fascination with — this kind of roguish ...
Courts Push Back on Foreign Bribery Prosecutions - Insurance Journal
“It wouldn't surprise me if the leadership of the division would get involved,” in more closely vetting cases to avoid future embarrassment, said one former Justice official who declined to be named. Lisa Rickard, who heads the Institute for Legal ...
California Insurance Commissioner Dave Jones: Year One Poll - Insurance Journal
Several associations and insurance executives interviewed asked not to go on the record with their thoughts on Jones, however some of those same people, who asked to remain anonymous, complained that when Jones took off the agent and broker task force ...
AXA, Generali Said to Advance in HSBC General Insurance Sale - Insurance Journal
The sources said that while HSBC would prefer to sell the unit in one lot, it could split the sale along different geographies if it received higher bids on that basis. It was not clear whether the two shortlisted bidders had bid for the whole unit or ...
US SEC to Limit Charges Against Allianz - Insurance Journal
The US Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, according to two people familiar with the matter, in a case that could have ...
With FEMA Running Low on Funds, Irene Revives Budget Battle - Insurance Journal
Obama administration officials said they had no estimate of the storm's cost as they were still assessing the damage, but other elected officials and companies have indicated that it will likely amount to billions of dollars. ...
Official Says Germany Wants Armed Guards on Europe Ships - Insurance Journal
It could also certify those private security companies that could be used on merchant vessels, a government official said. ”Our goal is to develop a coordinated approach to be presented at the International Maritime Organization (IMO) meeting in ...
Sources Say New China Life Files for up to $4 Billion IPO - Insurance Journal
New China Life, the country's third-largest life insurer, has filed an application to list in a dual Hong Kong and Shanghai IPO, sources said, braving volatile markets to raise up to $4 billion. ...
US Wary of Possible Cuba Oil Spill - Insurance Journal
This news came in a Reuters report Wednesday, quoting a “senior US official, who spoke on condition of anonymity.” Why this official felt it necessary to speak on condition of anonymity is a mystery, given the fact that Barack Obama has never made a ...
Ohio Man Guilty of Fraud, Illegally Collected $30000 in Workers' Comp - Insurance Journal
BWC's Special Investigations Division received an allegation from an anonymous source in 2008 that Fogle was working as a truck driver for DB Trucking in Bethesda while receiving Temporary Total Disability benefits for a previous workplace injury. ...
Employers Given More Leeway to Switch Providers Under Obamacare - Insurance Journal
... insurer would restrict "their ability to shop around for the best deal,'' one official told reporters in a conference call speaking on background. ...
Alabama Counties Face Binge Drinking Problem - Insurance Journal
Some Dale County officials who did not want to be identified for fear of offending the military said the county's high number is almost certainly a result ...