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Qatar Re to Change Corporate Domicile to Bermuda
Qatar Reinsurance Company LLC (Qatar Re) has announced its intention to transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the fourth quarter of 2015. The move is subject to regulatory approvals. The announcement explained that …
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Arkansas AG: State Law Bars Local LGBT Protections
Five local measures prohibiting discrimination based on sexual orientation or gender identity cannot be enforced because of a new Arkansas law barring such protections, Attorney General Leslie Rutledge wrote in a nonbinding opinion. Rutledge said the state law prohibits ordinances …
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Louisiana Commissioner: Healthcare Connections Unrelated to Health Co-Op
Louisiana Insurance Commissioner Jim Donelon says Louisiana Healthcare Connections is open for business in the state and should not be confused with the Louisiana Health Cooperative, a struggling health maintenance organization (HMO) created under the Affordable Care Act. Last week, …
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Fourth Inmate Dies After Fight at Private Oklahoma Prison
An official says a fourth inmate involved in an attack or fight at an Oklahoma prison run by a private contractor has died. Terri Watkins, a spokeswoman for the Oklahoma Department of Corrections, said that one of the five injured …
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California Lawmakers Equal Pay Law Said to be Toughest in U.S.
California lawmakers approved legislation mandating equal pay for women in what the bill’s author called the toughest such law in the U.S. The Assembly voted 66-2 for the measure requiring employers to pay men and women the same for “substantially …
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Oregon Grocery Chain Sues Albertsons for $1B
The small Oregon-based grocery-store chain Haggen this week sued Albertsons for more than $1 billion in damages, alleging the supermarket giant engaged in systematic efforts to eliminate it as a viable competitor in five states. The lawsuit, filed in federal court …
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Wisconsin School to Pay $69K to Settle Age, Sex Bias Suit
Renaissance School, a voucher school located in Racine, Wis., will pay $69,000 to settle employment discrimination litigation brought by U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. EEOC said its investigation found that, after hiring Boro Bosovich as …
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Millers Mutual Launches New BOP Program
Millers Mutual, a commercial property and casualty insurer serving Pennsylvania, D.C., Delaware, Maryland, Virginia and Ohio, launched a new business owners policy (BOP) – BOPprime. Millers Mutual BOPprime features four tiers and a suite of enhancements designed for residential real …
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Zewe, Jordan Named to Leadership Posts at Louisiana DOI
Jeffrey Zewe has been appointed deputy commissioner of the newly formed Office of Consumer Services at the Louisiana Department of Insurance (LDI) and Darie Jordan has been named director of the Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA). …
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Study Says European Insurers’ Assets under Management Hit $11 Trillion
European insurers’ assets under management jumped 9.4 percent to €9.9 trillion ($11.15 trillion) in 2014 from a year earlier, trade body Insurance Europe said on Tuesday, mainly driven by increased investment by life insurers. European gross written premiums rose by …
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