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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 ...
West Virginia Attorney General Darrell McGraw has sued insurance broker Acordia, charging the intermediary received millions of dollars in "hidden" contingent commissions in return ...
Berkshire Hathaway announced that its subsidiary, General Re Corp., terminated the consulting services of Ronald E. Ferguson, its former chief executive officer, after he ...
In spite of a new business environment, cultural inertia and other issues stall efficiency initiativesBy Michael HaOrlandoInsurers' chief information officers face continuing challenges from ...
Some insurers' dream of deregulated auto, home pricingwill meet resistanceBy STEVE TUCKEYIf personal lines deregulation is the "third rail" of insurance politics, then at ...
Lawsuit filed by Spitzer, Mills seeks injunctive relief, damages, profit disgorgement; investigation continuesThe attorney general and insurance superintendent of New York announced that they ...
Analysts still give long odds to bill passing full Congress in its current formHistoric legislation creating an alternative claims handling process for those injured ...
Fourth biggest broker to repay $27 million to insureds, change practicesInsurance broker Arthur J. Gallagher has reached a settlement with Illinois regulators for $27 ...
Prodded by constituents angry over their insurance commissioner's taxpayer-financed purchase of a luxury truck, the Louisiana Senate has passed a measure to restrict such ...
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