News

Spitzer Probes Will Have Benefits, Say CIAB Chair BrownBroker execs say compensation disclosure is good for the futureBy Mark E. RuquetWhite Sulphur Springs, W.Va.New ...

Texas Probing Possible Rita Claim MisdeedsBy Daniel HaysThe Texas Insurance Department has launched market conduct exams of several carriers after a barrage of consumer ...

Flag: Marsh ConnectionBid-Rigging Scandal StillPuts Integro On DefensivePeter Garvey, the president of New York-based Integro, said the bid-rigging and fee kickback scandal that rocked ...

NAIC, Congressmen Face OffOver Sarbanes-Oxley ExtensionThe apparent opposition of two key federal lawmakers to extending Sarbanes-Oxley corporate disclosure rules to non-public insurers has not ...

Pay $182.9M For Carrier Claims, PwC ToldAmbassador Insurance verdict leaves auditor fully liable for full amount awardedPricewaterhouseCoopers has been ordered to pay $182.9 million ...

Lawyer Warns Mutuals:SOX Act May Apply To AllFinancial disclosure, governance benchmarks know no boundsPhoenixThe Sarbanes-Oxley Act's corporate governance language does not technically apply to ...

Katrina Loss Pegged At $34.4 Billion,Making It Worst Storm By Wide MarginEarly estimates were as high as $60 billion, but battles over flood claims ...

Attacks On Flood ExclusionCould Batter Katrina InsurersPhoenixInsurers could end up paying out billions more than their exposure models predicted for hurricane losses in the ...