Leading U.S. lawmakers have reached a tentative agreement to reform the nation’s patent system, according to Senator Patrick Leahy, chairman of the Judiciary Committee and a leader in the effort. Leahy did not provide details of the compromise on Thursday, …
Two former American International Group Inc. female vice presidents have sued the insurer and its derivatives unit, saying they were fired after complaining about a “boys club” atmosphere and alleging gender and age bias against older women. The women worked …
A bulletin from Marsh’s London office warns Organizations in England and Wales that they must embed “robust health and safety risk management practices or face severe financial and reputational penalties in the event of a successful corporate manslaughter prosecution.” Marsh’s …
North Dakota Insurance Commissioner Adam Hamm has revoked the license of a Stutsman County insurance agent. Hamm says Kyle Cuypers failed to disclose criminal convictions on his insurance producer license application last February. Hamm says Cuypers consented to losing his …
San Diego, CA, 02/26/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of top rated insurance programs, is pleased to announce executive management level promotions. These changes are effective immediately and will improve operational customer service and efficiency for …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Generali Vie and Generali IARD. Best also affirmed the ICR of “a-” of the non-operating parent, Generali France S.A. The …
Texas in 2009 experienced weather catastrophes amounting to more insured losses than any other state. Last year, Texas experienced 10 weather catastrophes that caused nearly $2.5 billion in losses. The next nearest state in insured losses was Colorado with $1.3 …
Investigators are trying to pinpoint what sparked the fire that damaged four buildings in downtown Vandalia near Illinois’ former Capitol. Officials say nobody was hurt in the blaze that broke out early on Feb. 23. The fire destroyed several businesses, …
The Indiana House has passed legislation that would repeal an increase on taxes that employers pay into the state’s unemployment insurance fund, which is deeply in debt to the federal government. The Democratic-controlled chamber voted 90-5 to repeal the tax …
West Virginia mine safety chief Ron Wooten says federal authorities are investigating allegations that safety examination records were falsified at a Patriot Coal underground mine. Wooten told the Charleston Gazette that federal prosecutors sent out five “target letters” to individuals …