Aon said Ms. Aigotti will work with business units around the world to identify, measure and manage key risks including: funding and liquidity risk, interest rate risk, foreign exchange risk, complian

The Dryden, N.Y.-based company is the 40th carrier to join the Alexandria, Va.-based association's Trusted Choice program aimed at highlighting the benefits independent agencies and brokerage firms of

The battle over whether to allow Uncle Sam to directly regulate the insurance business via an optional federal charter has split the agent/broker community wide ...

Converium's said it has agreed to sell its North American operations to the Berkshire Hathaway Group for $95 million in cash. In addition, Berkshire Hathaway will assume $200 million of senior debt fr

NCCI's filing called for a statewide average rate decrease in workers' compensation insurance rates of 13.3 percent effective Jan. 1, 2007, but Mr. McCarty said he has ordered NCCI to amend its filing

Travelers Indemnity Co. owes $187 million, while Gulf Insurance Co. owes $130 million for claims based on the Sept. 11, 2001 terrorist destruction of the site. Both companies are now part of the St. P

The insurance industry is rapidly embracing Service-Oriented Architecture (SOA), as well as related Web services and standards, according to new TowerGroup research conducted in partnership with ACORD

Lloyd's of London may have had an outstanding year financially, but it suffered a huge loss this week with the announcement that Julian James, director of worldwide markets, will be leaving to join Lo