Arthur J. Gallagher & Co. is selling 19 million shares of common stock to help fund the purchase of Wesfarmers Ltd.s insurance brokering operation, as the buyer extends its growth outside the U.S.
Insurer American International Group Inc on Thursday sued New York regulators to force them to back off a threatened costly enforcement proceeding over possible violations of state law by a former unit.
Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada's second-largest rail operator said on Thursday.
Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada's second-largest rail operator said on Thursday.
The widow and other family members of Zurich Insurance's late finance chief said at the firm's annual shareholder meeting on Wednesday that they could not accept the results of a probe into his suicide which exonerated the firm and its former chairman of responsibility.
The widow and other family members of Zurich Insurance's late finance chief said at the firm's annual shareholder meeting on Wednesday that they could not accept the results of a probe into his suicide which exonerated the firm and its former chairman of responsibility.
Residents of southern California were rattled by a 4.1 magnitude earthquake Saturday afternoon, the largest of more than 100 aftershocks following Friday's 5.1 rumbler that caused light scattered damage around the Los Angeles area.
A rare tornado has damaged about a dozen homes in Northern California, sending roof tiles and solar panels flying and leaving residents of the city of Roseville in shock over the unusual event, officials said on Thursday.