Risk Management

The blurred line between social and business networking, creates challenges; the technology gives insurance agencies and companies marketing opportunities with a new base of clients, a panel of users said.

The National Association of Insurance Commissioners yesterday held the first session of a new panel designed to create a uniform process for monitoring how insurance companies operate in the marketplace.

The leadership of the Senate Banking Committee urged overseers of the (TARP) to investigate why AIG paid back investors in troubled AIG mortgage security offerings on a dollar-for-dollar basis even though the securities had not yet defaulted.

Members of Congress reacted to payment of bonuses to employees of American International Group after the firm took U.S. bailout money by disclosing plans to introduce legislation that would claw back the bonuses through punitive taxes.

The head of W.R. Berkley Insurance Co. testifying at a Senate hearing on the future of insurance regulation voiced support for creation of a "independent" federal insurance regulator as the best means of regulating property-casualty insurance.

Judge Manual Ba?ales, of the 105th Judicial District Court of Nueces County, Texas, granted partial summary judgment to plaintiff ASARCO LLC, which sought a ruling that the Fireman's Fund exclusion

Monday's ruling by the California State Supreme Court that insurers are responsible for additional millions in claims payments for the toxic spill at the Stringfellow waste facility has ramifications

Michigan's Office of Financial and Insurance Regulation (OFIR) is disapproving auto insurance rate filings that use credit information as a factor in determining premiums as the issue continues to