Richard J. Decker, president of AIG Global Marine, was elected chairman of the American Institute of Marine Underwriters (AIMU) at its annual meeting in New York. He becomes the 48th chairman since AI
WASHINGTON--Sen. Tim Johnson, D-S.D., who will become the second-ranking Democrat on the Senate Banking Committee, said yesterday he will re-introduce bi-partisan legislation to establish an optional f
WASHINGTON--Sen. Tim Johnson, D-S.D., who will become the second-ranking Democrat on the Senate Banking Committee, said yesterday he will re-introduce bi-partisan legislation to establish an optional f
The Fairfield, Ohio-based insurer reported net income was virtually flat at $55 million in the quarter, with net income per share rising four cents to 89 cents a share. Revenues were down $17 million,
Sen. Lott is currently engaged in a legal battle with his home insurance carrier. He recently inserted a provision in an appropriations bill requiring the Department of Homeland Security to investigat
A survey of insurance brokers has found rates for most of their clients' group medical benefit plans increased by more than 10 percent, but another study indicates there may be some relief in sight fo
Whitehill Technologies, Inc., and Mobius Management Systems, Inc., announced a new partnership benefiting insurance carriers looking for an end-to-end solution that manages the complete document life
NAIC President Alessandro Iuppa, also Maine's insurance superintendent, stressed the group's focus on a principles-based system of insurance supervision in a keynote speech at the 2006 Committee of
Guidewire Software, a provider of solutions for property/casualty and workers' compensation insurers, released Guidewire ClaimCenter 4.0 for P&C carriers. ClaimCenter is a Web-based system used to