Underwriters Laboratories, a world leader in product safety testing and certification, announced the expansion of its global photovoltaic testing services to Suzhou, China, where it will open a Photovoltaic Technology Center of Excellence. The new facility, set to open on February 26, 2009, will be the largest photovoltaic testing laboratory in Greater China and have [...]

China INSOnline Corp. a rapidly growing integrated licensed insurance services provider, which operates www.soobao.cn, one of China’s leading insurance services web portals, reported today that revenues in its first fiscal quarter ended September 30, 2008 more than doubled compared to the same period last year, while net income in the period grew approximately 45% compared [...]

The U.S. division of Sun Life Financial Inc. announced it has won the Better Business Bureau’s 2009 Local Torch Award for Excellence, marking the company’s fourth consecutive win in the category for businesses with over 1,000 employees. The award, given by the BBB serving eastern Massachusetts, Maine, Rhode Island and Vermont, selected Sun Life based [...]

Litigation and insurance coverage claims involving alleged personal injuries and property damage from drywall imported from China is the focus of a half-day seminar set for July 28, 2009 at the Mission Bay Conference Center at the University of California San Francisco. The event will also be webcast.
The conference producer, HB Litigation Conferences LLC, has [...]

Canada needs to close the gap in pension coverage, and the private sector has the tools to do it, remarked Dean Connor, President, Sun Life Financial Canada. Connor was speaking today at a meeting at the Vancouver Board of Trade.
Connor noted that “The main pension gap is with a subset of Canadians who are not [...]

The U.S. division of Sun Life Financial Inc announced that Stephen L. Deschenes has been named Senior Vice President and General Manager of its Annuities Division. In this role, Deschenes will oversee Sun Life’s annuity business line, working with the company’s marketing, actuarial and distribution units to build best practices and create a diversified portfolio [...]

Hertz Global Holdings, Inc.announced that it had sold an additional 6,900,000 shares of its common stock and $24,755,000 in additional principal amount of its convertible senior notes to the underwriters of its previously reported equity and convertible senior notes public offerings. The sales of the additional shares of common stock and convertible senior notes resulted [...]

Zurich, a leading property and casualty insurance provider in North America and globally,announced Mario Vitale, CEO of Zurich Financial Services’ Global Corporate business division has been selected Honoree of the Year by The Chinese American Insurance Association (CAIA). Vitale will also accept the 2009 Title Sponsorship Award on Zurich’s behalf at the 18th Annual Chinese [...]

The SOI Industry Consortium, aimed at accelerating silicon-on-insulator (SOI) innovation into broad markets, announced today that IMEC has joined the organization as an academic member. IMEC is a world-leading independent nanoelectronics research center headquartered in Leuven, Belgium. It has been active in the field of SOI technologies for more that two decades.
“SOI has long been [...]

Northern Trust announced it has been appointed to provide an insurance accounting and financial reporting outsourcing solution for ProMutual Group, a leading provider of medical liability insurance in the Northeast. ProMutual Group, with an investment portfolio of approximately $1.9 billion, is the first client to benefit from the full statutory accounting solution developed by [...]