American International Group Inc. (AIG) has outlined a plan meant to retain and attract executives as it works to repay the government, which owns about 80 percent of the company.
A U.S. District Court judge has elected not to grant an injunction requested by wholesale broker CRC Insurance Services Inc. against former employees now with competitor Ryan Specialty Group's R-T Specialty of Illinois, LLC (RTS).
A group comprised of members from the insurance industry, environmental organizations and consumer advocates has written lawmakers urging them to oppose the Homeowners Defense Act.
The National Flood Insurance Program will pay claims for damage to homes and contents from oil driven ashore during hurricanes, its officials announced earlier this month.
The Geneva Association, International Association for the Study of Insurance Economics Body, said it supports a study by the International Association of Insurance Supervisors about systemic risk in the insurance industry.