New York Attorney General Andrew Cuomo announced yesterday that employees of American International Group have agreed to return $50 million of the $165 million controversial bonus money the company paid out.
Tony Ursano has been named chief executive officer of Willis Capital Markets and Advisory Services, the London-based insurance brokerage Willis Group Holdings announced today.
Treasury Secretary Tim Geithner and Federal Reserve Board Chairman Ben Bernanke today both told Congress their agencies examined suits to stop payment of the bonuses to American International Group's Financial Products Group but backed off.
The latest government Consumer Price Index figures show increases for components that impact accident, auto and home claims, the Insurance Information Institute said.
Larry Gerdes, vice president, agency administration at Physicians Mutual, was honored at The Inter-Company Marketing Group's (ICMG) annual meeting.Gerdes was honored for his role as moderator and emcee of the ICMG member introductions as well
There is movement among insurers to improve both the quality and speed of their claims at three important points in the claims process, according to Deloitte's Jim Kinzie.
Westfield Group in Westfield, Ohio, announced that Ed Largent has been selected as chief administrative officer and Stuart Rosenberg as chief technology officer.
The president of a major insurance company was quoted as saying: "I don't have insurance with my company from a conflict perspective. I just think it's not right for me to be insured by my own
It's time for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for NU's "Commercial Insurance Agency Of The Year" award program.