The Australian dollar was almost level following a night of mixed economic data. At 6.30am AEDT the local unit was trading at 103.48 US cents, slightly down from 103.50 cents at yesterday’s local close. New claims for US ...
Tags: Australian dollar, US unemployment insurance, economic data
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
The three-day Triathlon Business International Conference, which concluded Tuesday, underscored the organization’s focus on the growth of commerce surrounding the sport. Attendance dipped about 8 percent compared to the previous year, ...
Tags: Triathlon Business International Conference, bike, sports
Two and a half years ago Brian Ballard bought his first Pedego electric bike. He and life partner Elizabeth Black have enjoyed owning and riding their bikes so much that the couple invested in opening a Pedego e-bike store along Pacific ...
IBM's Watson supercomputer has gone from game show king to doctor's office helper. You may recall the epic man vs. machine battle two years ago in which the supercomputer beat former champions on the show Jeopardy. Well, now there's a ...
Tags: IBM, Watson supercomputer, computer market
Remote-phosphor SSL technology enables Xicato to offer a 5-yr warranty for both color consistency and lumen maintenance with Munich Re underwriting the pledge. While the solid-state lighting (SSL) industry has made significant progress in ...
Tags: SSL technology, Xicato, LEDs
US natural and organic food group Annie's has booked a drop in net profit in its third quarter. Earnings in the three months to the end of December dropped to US$1.4m compared to $2.2m last year. Annie's blamed the decline on charges from ...
International specialist insurer Hiscox has introduced Hiscox Professional Liability Portfolio to offer tailor made policy forms for its customers. The newly launched product provides customised policy forms for certain client segments ...
Tags: International specialist insurer, Hiscox, Portfolio Product
Sterling Insurance has renewed its partnership contract with DAS to extend supply of legal expenses cover to its customers. As part of the agreement, DAS will offer legal expenses cover across the company's personal and commercial product ...
US-based health insurer WellPoint (WLP) has named Joseph Swedish as the company's new chief executive officer effective from 25 March 2013. Swedish, who replaces interim chief executive officer John Cannon, joins WLP from Trinity Health ...
Tags: WellPoint, health insurer, new CEO
Virginia's The Hilb Group (THG) has completed the acquisition of Crofton-based mid-market insurance broker The Pennoyer Group. The deal came into effect from 31 January 2013, after receiving approval from its shareholders. Established ...
Mutual insurer The Guardian Life Insurance Company of America has selected California-based technology company DentalXChange, to provide online claims status verification for dentists. DentalXChange provides online solutions to connect ...
Western & Southern Financial Group (Western & Southern) has implemented CallidusCloud's Commissions to automate incentive compensation process for its wholesalers. The selection follows a comprehensive evaluation process, during which the ...
Tags: Western&Southern, CallidusCloud, Commissions
US’s employee benefits-only agency Digital Insurance has collaborated with CUNA Mutual Group, to prepare customers to address changes in health care reform and to modify their employee benefits packages accordingly. As part of the ...
Tags: Digital Insurance, CUNA Mutual Group, health care reform
American Financial Group has reported net earnings attributable to shareholders of $50m, or $0.54 per share for the fourth quarter of 2012, against $109m, or $1.09 per share during the same period earlier year. The P&C specialty insurance ...
Tags: American Financial Group, net earnings, 2012