NU Assistant Managing Editor Caroline McDonald discusses results of yet another enterprise risk management survey and is somewhat dismayed by its findings.
Total insurance revenue for the nation's bank holding companies (BHCs), excluding MetLife, increased 7.2 percent last year, rising from $10.15 billion in 2007 to $10.88 billion, according to a study.
American International Group investors will get $843 million as part of the company's 2006 settlement of a huge accounting fraud, a federal court in New York ruled yesterday.
A recent survey by Celent indicates that although insurers are ambivalent about the outlook for the broader economy, they remain optimistic about their own performance next year.
Allstate Corporation said today it won't participate in the government's Troubled Asset Relief Program, saying it already has adequate capital and cash on hand.
"The McLaughlin Group" told attendees at the ACORD LOMA conference insurers will manage under the Obama administration. NU Editor In Chief Sam Friedman offers his take in his blog today at www.NUSamSoapBox.com.
A survey of U.S. fire departments finds they lack adequate training gear and funding, which impacts insurers, the chairman of Fireman's Fund is warning.
CSC has introduced Insurance Optics, a family of business intelligence and financial risk solutions for insurance companies. Coupling insurance industry expertise with tools, CSC's new offerings
After qualifying for $3.4 billion in U.S. bailout cash last week, The Hartford said yesterday it will not be selling its property-casualty, group benefits and life insurance businesses.