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British Petroleum announced that effective immediately, it has appointed Bob Dudley as president and chief executive officer of its Gulf Coast Restoration Organization, reporting to Tony Hayward, BP's group chief executive.

Smaller carriers may need to raise capital to adhere to Solvency II requirements, leading to negative credit implications, according to Moody's Investors Service.

Insurance associations are questioning the legality of Massachusetts auto insurance regulations proposed by the state's Attorney General's Office as the second and final day of hearings on the issue begins.

Traditional insurers' websites are beginning to get the better of the online direct-to-consumer auto insurers, as The Hartford outshined 16 other competitors in an analysis by a technology consulting firm.

StoneRiver announced the debut of its Insurance Integration Platform (IIP), the underlying foundation of the StoneRiver Stream P&C insurance administration solution.

Spencer Educational Foundation, Inc. has awarded the Risk and Insurance Management Society, Inc. (RIMS) a $50,000 grant to develop enterprise risk management continuing education curricula for members.

The Treasury Department's authority to preempt inconsistent state laws when concluding bilateral insurance trade agreements with foreign countries will be considerably watered down in final financial services reform legislation.

A recent U.S. Supreme Court decision upholding the right of a municipality to examine the text messages of a public employee has created speculation that the ruling could set a precedent for private employers or others.