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Daily NewsFlash : June 10, 2013


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Monday, June 10, 2013

Travelers to Acquire The Dominion of Canada General Insurance Company

Travelers purchase of Canadian company DominionThe Travelers Companies, Inc. today announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited for approximately $1.1 billion in cash, subject to adjustment. The Dominion and Travelers' Ca...

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MF Global Customers Want to Cap Ex-Leaders' Legal Defense Costs

MF GlobalCustomers of MF Global Inc. want to limit the amount the failed broker-dealer will pay to the legal team defending its former leaders, the same company insiders, the customers contend, who were "primary wrongdoers" w...

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XL Group plc Launches "Fast Fast Forward" for Risks

XL Group new risk platformXL Group plc today launched Fast Fast Forward, a new online platform for commentary, news and tools to advance discussion of risk and business challenges. Fast Fast Forward's inaugural launch dives into two integral topics: Talent & Technology.

"Today, like never before, winning ...

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NARAB II Bill Clears U.S. Senate Banking Committee

NARAB IILegislation that would create a long-proposed licensing clearinghouse for agents and brokers operating in multiple states has cleared the U.S. Senate Committee on Banking, Housing, and Urban Affair...

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U.S. Insurance Industry Adds 1,200 Jobs in May

US insurance jobs for MayThe U.S. insurance industry added 1,200 jobs in May, marking a slight reversal of the downward trend in employment the industry has seen in 2013. The seasonally adjusted 0.25% uptick came amid a narrow increase in the overall job market, according to the latest employment report released by th...

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New Jersey Federal Court Rules Facebook Posts Could Be Used As Evidence

Facebook posts as evidenceParents warn their teenagers about Internet dangers, from cyber bullying to potential predators, but may not realize the personal legal risks they face themselves when using

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