XL Insurance has announced the appointment of Patrick Tannock as president of XL Insurance (Bermuda) Ltd, and as country manager. Tannock’s appointment is effective from 22 February, and he will be directly responsible to XL Insurance International Property & Casualty Regional Operating Officer Donal Kelly. He brings to the post more than two decades of [...]

Democratic Senators had been working diligently to sculpt a health bill that they thought would please enough of the nation to justify being passed. And even though it wasn’t satisfactory to Republicans, it didn’t matter because Democrats carried 60 seats – enough to overcome a Republican filibuster. That is, until Tuesday, when a shocking event [...]

Everyone who watched the State of the Union address on Wednesday were sitting on the edge of their seats waiting for President Barack Obama to discuss the ever-so-controversial health care bill – however, the wait was longer than we’d expected. The good news is that he did actually touch on the bill in the second-half [...]

The Chubb Corporation has reported that it made net profits of $695m in the fourth quarter of 2009, equating to $2.03 per share. This marks an increase of over 50% compared to Q4 2008, when the firm made $407m net profits, or $1.13 per share. It was also a significant improvement on the Q3 2009 [...]

With the school year for high school seniors slowly but surely approaching, it might be beneficial for them to start thinking about their college living situation for next year. After all, once the summer hits, thinking about school will be the last piece of business on their minds. Most universities require their first-year students to [...]

Workers’ compensation costs per claim for injured workers in Minnesota are among the lowest of 15 states, according to a new study by the Workers Compensation Research Institute (WCRI). The study by the Cambridge, Mass.-based WCRI found that total costs per all paid claims were 30 percent lower in Minnesota and, in claims with more [...]

Pet insurance costs mean some owners put their pet’s health before their own Photograph: Christopher Thomond Britain’s 1.3 million horse owners face tough choices in the coming months, with rising costs forcing many to make personal sacrifices so they can continue to look after their horses and ponies. Yet despite the constant struggle, for the [...]