The good news for insurance brokers who place directors and officers liability insurance is that most insureds and carriers believe producers are positive and relevant factors in the resolution of D&O claims.
Between 1991 and 2004, U.S. insurers paid over $24 billion on asbestos claims, according to the Insurance Information Institute in a report published in October 2008.
So insurance is boring, eh? Not recently. As I write this for our October edition, the industry is still digesting the fact that financial giant AIG, long known as the 800-pound gorilla among global insurers,
Bill suffered a devastating fire to his custom home. Fortunately, no one in the family was home during the fire, but the house and its contents are nearly all destroyed. He contacts his insurance agent to make a claim. The home, not including
It may be too early to be heaving any sighs of relief, but as AA&B goes to press, global stock markets are beginning to stabilize in the wake of a multitude of government bailout promises to their respective
Since the fall of the financial markets sector last year, enterprise risk management has been under the microscope. Right or wrong, its been criticized. Some ...
Aon Corp. announced the creation of Aon Cornerstone Innovative Solutions, an effort it said is aimed at developing relationships between minority businesses and Aon's corporate clients.
Two property-casualty insurance trade groups have argued to Congress that American International Group is off the mark in saying that its bankruptcy would pose a "systemic risk" to the property-casualty insurance industry.
Former Lloyd's executive James Sutherland has been named chief executive officer of the newly established, government-owned Qatar Insurance Services, QIS announced.