Carl Icahn, the billionaire investor known for picking fights with corporate boards, said American International Group Inc. should split into three companies, one selling property/casualty coverage, another selling life insurance and a third backing mortgages. The stock rallied in early …
A plan to make sure an underground St. Louis-area landfill fire doesn’t reach a cache of Cold War-era nuclear waste buried nearby will come before the end of 2015, an Environmental Protection Agency administrator said. Mark Hague, acting chief of …
IBM said today it has agreed to acquire The Weather Co.’s business-to-business mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Co. brand. IBM will not acquire the TV segment – The Weather Channel –but the …
The New Hampshire Insurance Department announced that it has approved the National Council on Compensation Insurance’s advisory loss cost and rating values filling to be effective Jan. 1, 2016. The approved voluntary loss cost change is a decrease of 5.9 …
California agents and brokers are being notified of a new change to how they can handle motor vehicle records. An agreement between representatives from the insurance industry and the California Department of Motor Vehicles eventually enabled the DMV to revise …
The premium for a mid-level plan offered on the federal government’s health insurance exchange will be up by 5 percent in New Jersey in 2016. But premiums will be lower, as expected, for people choosing a new plan that is …
Bermuda-headquartered Argo Group International Holdings Ltd. reported net income of $35.3 million, or $1.24 per diluted share, compared to $44.7 million, or $1.54 per diluted share, for the third quarter of 2014. Net income for the nine month period ended Sept. …
The Hill, a popular Capitol Hill insider publication with political news and opinions, has placed five insurance groups and their lobbyists on its 2015 list of the top lobbyists in Washington for associations. The insurance trade groups making The Hill’s …
The U.S. Geological Survey reports that in the last two weeks more than 400 small earthquakes have hit a city east of San Francisco. KNTV reported that the city of San Ramon appears to have broken an earthquake record with …
U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an employment claim, with their chances much higher in certain states. A new study of employee charge trends by specialty insurer …