Carinsurancequote.com provides you with up to date information on car insurance. Our resource section will enable you to be informed on auto insurance and make the right choice.
28
06, 2016
New Hampshire Woman Withdraws Civil Suit Against Bill Cosby
A 72-year-old New Hampshire woman who says Bill Cosby raped her in 1965 has withdrawn her civil defamation lawsuit against the comedian after a federal judge had allowed the case to move forward. Kristina Ruehli’s lawyer told The Associated Press …
29
06, 2016
Detroit Crews Fight String of 17 Suspected Arson Fires
Authorities say the Detroit fire department responded to a string of 17 suspected arson fires that burned over a roughly 12-hour period. Chief of Arson Patrick McNulty tells the Detroit Free Press the first fire was reported about 8 p.m. …
23
06, 2016
Lockton Names Spencer to Succeed Lumelleau as CEO in 2017
Global insurance broker Lockton has chosen insider Glenn A. Spencer as its next president and chief executive officer, effective May 1, 2017. Spencer will succeed John L. Lumelleau, who has led Lockton as president and CEO since 2002 and through …
28
06, 2016
China’s Fosun to List U.S. Insurer Ironshore ‘As Soon as Possible’: Reuters
Fosun Group, China’s biggest private conglomerate, will list U.S. property and casualty insurer Ironshore Inc “as soon as possible” this year, Guo Guangchang, the company’s billionaire co-founder and chairman told Reuters ahead of a Reuters Newsmaker event in Beijing on …
28
06, 2016
Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength
Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors. New European capital Solvency II rules introduced in January require …
28
06, 2016
RHSB Adds Galati as Assistant VP
Nick Galati has joined Texas-based independent insurance broker, RHSB, as assistant vice president. He is a sales executive focusing on commercial property/casualty insurance products and services for middle-market companies. Galati comes to RHSB with more than six years’ experience in …
24
06, 2016
Settlement to Make Punitive Damages from 2010 Oil Spill Available to Claimants
Nearly $1.24 billion in punitive damages arising from BP’s 2010 Gulf of Mexico oil spill will become available to property owners and some fishermen affected by the spill under a pending settlement with two corporations that also had a role …
29
06, 2016
European Insurers Look to Hoarding Cash After Brexit Vote
Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer. “Storing physical cash as an alternative to paying …
23
06, 2016
Insurers, Agents Together Need to Lower Distribution Costs: Berkley
Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William Berkley, executive chairman of the W.R. Berkley Corp. Economic and social trends are …
29
06, 2016
Freight Trains Collide in Texas, Triggering Fireball
Several box cars derailed and were engulfed in flames following a freight train collision in the Texas Panhandle on Tuesday. Texas Department of Public Safety Lt. Bryan Witt says the accident occurred in the morning near the town of Panhandle, …