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Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s development finance institution, which furthers the company’s diversification strategy in a market when organic growth is hard to find. The …

POSTED DECEMBER 10, 2018 10:12 AM
Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer
Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special purpose insurer, Lion Rock Re Ltd., to provide collateralized retrocession for part of Peak Re’s global property reinsurance risk portfolio. …

POSTED DECEMBER 10, 2018 9:47 AM
UK Can Reverse Brexit Process, Rules Top EU Court
The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the British …

POSTED DECEMBER 10, 2018 9:27 AM
Georgia Claims Uber Owes State $22M in Sales Taxes, Other Charges
Uber could owe tens of millions of dollars to Georgia if the state is successful in a legal battle. The Georgia Department of Revenue has billed Uber $22.1 million for sales taxes and other charges that it maintains are owed …

POSTED DECEMBER 10, 2018 5:45 AM
Best Upgrades Credit Ratings of Florida-Based Bankers Insurance Co., Subsidiaries
AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Bankers Insurance Co., headquartered in St. Petersburg, Fla., and its property/casualty subsidiaries, Bankers …

POSTED DECEMBER 10, 2018 5:39 AM
AAU Adds Connally to Workers’ Comp Division in Florida
Allied American Underwriters (AAU), a division of USG Insurance Services, Inc., has hired Stan Connally as producer/broker for Workers Compensation in the Tampa, Fla., branch. Connally joins AAU with 36 years of experience in the insurance industry, specializing in workers …

POSTED DECEMBER 10, 2018 5:32 AM
South Carolina to Increase Hurricane Florence Aid Request to $435M
South Carolina’s congressional delegation will be able to ask for more funds to provide relief following Hurricane Florence, thanks to a move by the state’s governor. In a letter obtained Saturday by The Associated Press, Gov. Henry McMaster told U.S. …

POSTED DECEMBER 10, 2018 5:32 AM
Southeast Slammed by Winter Storm Diego
Winter Storm Diego struck the Southeastern region of the U.S. Saturday night, ravaging travel plans and wiping power from hundreds of thousands of homes. The snowstorm was expected to persist throughout Sunday, with flight cancellations extending into Monday. More than …

POSTED DECEMBER 10, 2018 4:27 AM
Markel CATCo Reports U.S., Bermuda Inquiries into Reserves
On Friday Dec .7, Markel Corp. said it was fully cooperating with inquiries by U.S. and Bermuda authorities into loss reserves recorded in late 2017 and early 2018 at Markel CATCo Investment Management Ltd., the company’s investment manager, and its …

POSTED DECEMBER 10, 2018 4:23 AM
Report: Return on Net Worth for California Workers’ Comp Insurers Rose
A new report shows the average return on net worth for California workers ‘ compensation insurers rose to 9.9 percent in 2017, the fourth consecutive increase. The report comes from the National Association of Commissioners and was summarized in an …

POSTED DECEMBER 07, 2018 6:36 PM

FOX News

Washington Redskins QB Josh Johnson had to learn teammates' names through 'Madden'
Washington Redskins quarterback Josh Johnson took his first snaps since the 2014 season Sunday in a blowout loss to the New York Giants.

POSTED DECEMBER 10, 2018 10:22 AM
Honduran national in US illegally in hit-and-run that injured teen, cops say
An illegal immigrant is in police custody after seriously injuring a “girl” during a Friday night hit-and-run in Mississippi, WLOX reported.

POSTED DECEMBER 10, 2018 10:02 AM
Sorry Indiana Jones, the Ark of the Covenant is not inside this Ethiopian church
Over the past few days, several media outlets have reported on a centuries-old claim that the Ark of the Covenant — which allegedly held tablets recording the Ten Commandments — is inside a church in Aksum, Ethiopia, called the Church of Our Lady Mary of Zion, and that only the "guardian" of the ark is allowed to see it.

POSTED DECEMBER 10, 2018 10:00 AM
We should stop drinking coffee first thing in the morning, study suggests
There's a better time to brew your morning cup of joe.

POSTED DECEMBER 10, 2018 10:00 AM
Make sure your oven is holiday ready with these tips
Because now is a not a good time for it to break.

POSTED DECEMBER 10, 2018 10:00 AM
FOX NEWS FIRST: Dems' post-midterm strategy to bring down Trump emerges; Google CEO on hot seat
Plus, conservative author sues Mueller; New candidates for White House chief of staff

POSTED DECEMBER 10, 2018 9:59 AM
Real Madrid far behind top European clubs in women's soccer
In a speech during Real Madrid's most recent general assembly, club president Florentino Perez spoke proudly about how esports will be part of the club's future.

POSTED DECEMBER 10, 2018 9:52 AM
The Latest: Nations agree UN migration accord in Morocco
The Latest on the U.N. migration conference (all times local): 10:35 a.m.

POSTED DECEMBER 10, 2018 9:40 AM
Illinois county gains $10M for detaining undocumented immigrants


POSTED DECEMBER 10, 2018 9:37 AM
Thousands flock to funeral of 2 teenage Kashmir rebels
Thousands of people in Indian-controlled Kashmir joined a funeral procession Monday for two teenage rebels who were killed over the weekend in a long gunbattle with Indian troops in the disputed region.

POSTED DECEMBER 10, 2018 9:34 AM

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