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31
07, 2015
Aon’s Q2 2015 Earnings Report: Total Revenue -4%; Net income –41%
Aon’s second quarter earnings report highlights some of the difficulties the re/insurance industry is experiencing. Total revenues from Aon’s combined sector activities decreased by four percent to $2.80 billion from $2.913 billion in Q2, 2014. The percentage decline for the …
The article Aon’s Q2 2015 Earnings Report: Total Revenue -4%; Net income –41% appeared first on Insurance Journal.
31
07, 2015
Edison Expects 2016 Hearing on $7.57B California Reactor Claim
Edison International expects a hearing to be held next year on its $7.57 billion damage claim against Mitsubishi Heavy Industries Ltd. over the shutdown of a Southern California nuclear power plant. A confidentiality order in the case, being arbitrated by …
The article Edison Expects 2016 Hearing on $7.57B California Reactor Claim appeared first on Insurance Journal.
31
07, 2015
Another Power Outage Hits Large Southern California City
Hundreds of residents and businesses in Long Beach, Calif. will be without power until Friday evening, according to reports. Long Beach, a city of nearly half-a-million, was struck by a power outage on Thursday for the second time this month. …
The article Another Power Outage Hits Large Southern California City appeared first on Insurance Journal.
31
07, 2015
19 Oklahoma Counties Denied Federal Disaster Assistance
Gov. Mary Fallin says the federal government has rejected the state’s request for disaster assistance for 19 Oklahoma counties affected by severe weather, flooding and tornadoes in May and June. Fallin said Wednesday the Federal Emergency Management Agency denied the …
The article 19 Oklahoma Counties Denied Federal Disaster Assistance appeared first on Insurance Journal.
31
07, 2015
Colorado School District Settles With Teacher Who Claimed Discrimination
A southern Colorado school district accused of promoting evangelical Christian ideals has reached a settlement with a teacher who filed a lawsuit claiming religious discrimination. Robert Basevitz, who is Jewish, filed a suit in May saying that the Fremont RE-2 …
The article Colorado School District Settles With Teacher Who Claimed Discrimination appeared first on Insurance Journal.
31
07, 2015
MetLife Defends Dual Roles for Retirement Brokers
MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. Labor Department proposal that was designed to make sure savers’ interests are put first. “Without substantial modifications, the proposal could force companies …
The article MetLife Defends Dual Roles for Retirement Brokers appeared first on Insurance Journal.
31
07, 2015
Arch Reports Q2 Net Income of $110.3M, Compared to $202.5M in Q2 2014
Arch Capital Group Ltd., headquartered in Bermuda, reported second quarter net income of $110.3 million, or $0.88 per share, compared to $202.5 million, or $1.48 per share, for the 2014 second quarter. Net income available to Arch common shareholders for …
The article Arch Reports Q2 Net Income of $110.3M, Compared to $202.5M in Q2 2014 appeared first on Insurance Journal.
31
07, 2015
Brit Reports H1 After-Tax Profit of US$6.4M, Compared to $94.5m in 2014
London-based Brit plc, which completed its merger with Fairfax Financial Holdings in the first half of this year, reported operating profit before foreign exchange and transaction related expenses of $70.9 million, compared with $172.3 million in the first half of …
The article Brit Reports H1 After-Tax Profit of US$6.4M, Compared to $94.5m in 2014 appeared first on Insurance Journal.
30
07, 2015
Research Says Washington D.C. Slowly Sinking Into the Ocean
New research says the land under the Chesapeake Bay region is sinking and projects that Washington, D.C., could drop by six or more inches in the next century — adding to the problems of sea-level rise. The research says the …
The article Research Says Washington D.C. Slowly Sinking Into the Ocean appeared first on Insurance Journal.
31
07, 2015
Intellectual Property: Conan O’Brien, Doobie Brothers, ‘Happy Birthday’, Michael Jordan
Conan O’Brien Sued Over Jokes Comedian Conan O’Brien was sued for copyright infringement for using several jokes on his late-night talk show that he’s accused of lifting from the Internet. In a complaint filed in San Diego federal court July …
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