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Insurance

by Insurance News
Hurricane Earl spares insurers

Catastrophe-risk-modeling firm AIR Worldwide said Friday that Hurricane Earl caused little structural damage as it churned past the coast of North Carolina, likely leaving the insurance industry with few losses.

Official says Texas budget cuts could gut insurance regulation

Texas will have to consider less regulation of insurance companies and their rates if the Department of Insurance sees its funding cut 10 percent to help balance the next state budget, Insurance Commissioner Mike Geeslin said in documents filed this week with the governor and legislative leaders.

The One Thing to Know About Caterpillar

I know it sounds ludicrous, but investors often overlook the people in charge of protecting their investments.

Picture of the Day: How High Can a Dead Cat Bounce?

Was July just a bump in the road to recovery? Investors seem to think so, and maybe they're right.

AIG files application to list AIA - source

American International Group Inc has filed an application with the Hong Kong Stock Exchange seeking approval to list its Asian life insurance business, AIA Group Ltd, a source familiar with the matter told Reuters on Thursday.

New chairman named for SeaWorld Parks

The former chief executive of John Hancock Financial Services Inc. will become non-executive chairman of SeaWorld Parks & Entertainment, whioch is based in Orlando.

St. Florian's Oktoberfest no longer dry

Florian. The Town Council has approved a request from the Knights of Columbus to sell beer during the annual event in northwest Alabama.

Greenwood warehouse to draw 100-plus jobs

A distribution company plans to lease much of an empty warehouse in suburban Indianapolis and potentially hire 140 workers.

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