Ohio Attorney General Jim Petro has sued former American International Group boss Maurice Greenberg and his wife, Corinne, to rescind the transfer of millions ...
OrlandoXBRL--a financial reporting standard that is growing in popularity--can help insurance companies better cope with heightened disclosure demands, the chairman of the XBRL consortium ...
Product complexity, agent reaction give some insurance companies pauseOrlandoA growing number of insurers have begun to embrace at least some form of outsourcing to ...
Insurer technology leaders asked to do more with lessOrlandoThe heads of insurer information technology departments are facing numerous problems on the job, including the ...
Five-year combined profit cut by $3.9 billion; $850 million A&E charge announcedBy michael haAmerican International Group Inc., the insurance giant besieged by allegations of ...
In spite of a new business environment, cultural inertia and other issues stall efficiency initiativesBy Michael HaOrlandoInsurers' chief information officers face continuing challenges from ...
Lawsuit filed by Spitzer, Mills seeks injunctive relief, damages, profit disgorgement; investigation continuesThe attorney general and insurance superintendent of New York announced that they ...
Participants in the American International Group employee savings plan have filed a prospective class-action suit against the insurer, alleging that illegal acts by management ...
Finite Re Probes Hitting Bermuda HardInvestigations undermine sector, threaten revenues and hike expensesBermuda reinsurance companies--which have traditionally written a substantial amount of finite re ...
Regulators and legislators insist broker scandal won't lead to total fee banBy Daniel Hays,Mark Ruquet and Michael HaNow that the world's three biggest insurance ...