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Alabama Gov. Bob Riley has asked President Barack Obama to declare a major disaster area for 20 Alabama counties that received damage from recent hea
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While industries such as financial institutions, health care and retail make greater use of captives than others, virtually every industry group and
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NEW JOB TITLE: Vp/surety manager in Alpharetta, Ga., with Richmond, Va.-based Thomas Rutherfoord Inc. PREVIOUS POSITION: Vp with Raleigh, N.C.-based
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HAMILTON, Bermuda—The takeover battle for Bermuda-based reinsurer IPC Holdings Ltd. turned hostile last week, when Validus Holdings Ltd. said it will
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WASHINGTON—A few life insurers may be breathing a bit easier as signs increasingly indicate they may soon receive federal assistance they have sought
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VENICE, Italy—Space insurers writing coverage on satellite projects years before they are launched are finding themselves insulated from the worst of
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WASHINGTON—The special inspector general for the Troubled Asset Relief Program has initiated an audit of American International Group Inc.'s counterp
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VENICE, Italy—Damage to satellites in orbits growing increasingly crowded with space debris is emerging as a significant risk for satellite owners an
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