- Funding for largest pension plans holding steady
With a flat investment performance and interest rates holding about steady, the funded status of very large pension plans showed little movement in November, according to a Milliman Inc. survey released Monday
- Ironshore International expands reach in European
Ironshore International said Monday it plans to expand in selected European markets by opening Ironshore Agency Ltd.
- British insurers rethink models after repeat of 100-year floods
(Reuters) — British insurers could have to pay out up to 250 million pounds ($377.
- OSHA cites manufacturer for spray finishing, safety hazards
A Pennsylvania manufacturer has been cited for the second time this year by federal regulators for serious safety and health violations.
- SEC to accuse Credit Suisse of inflating asset reports
(Reuters) — The U.S. Securities and Exchange Commission is preparing to file charges against Credit Suisse Group A.G.
- Pipeline contractor fined over lack of cave-in protections
A Pennsylvania utility and pipeline construction firm is facing proposed penalties totaling $57,750 for exposing its employees to cave-in hazards.
- Death stars' destruction would be intergalactic financial crisis
Star Wars geekdom apparently extends even to academia’s ivy-clad halls.
- New CEO named of Aon U.K. risk solutions unit
Aon P.L.C. has named Andrew Tunnicliffe CEO of its U.K. risk solutions unit, the London-based brokerage announced Monday.
- AIG seeks to raise about $750 million in sale of stake in Chinese insurer
(Reuters) — American International Group Inc. is seeking to raise about $750 million by selling part of its stake in China’s state-run PICC Property and Casualty Co Ltd., according to a term sheet of the deal seen by IFR on Monday.