National Underwriter P&C June-22, 2009
Cover Story
Greenberg, AIG Face Off In Court Over Ownership Of Billions In Stock
American International Group squared off in federal court last week with its former top executive, Maurice Greenberg, in a battle over ownership of a block of AIG stock shares originally intended to serve as incentive compensation for employees.
Opinion
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The 'Terrible Trio'
MarketScout CEO Richard Kerr is a shameless tease!
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Agency Acquisition Market May Be Down, But Not Out
From 2006 through 2008, the mergers and acquisitions market for insurance agencies and brokerages was robust. Activity and valuations both soared as highly-motivated buyers competed against each other to get deals done.
News
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Obama Regulatory Reform Plan Praised By Backers, Critics Of Federal Oversight
Both supporters and opponents of a new federal oversight system for the insurance sector all found something to like in the Obama administration's white paper proposing sweeping reforms of financial services regulation.
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NAIC Presses Insurers About Credit Scores
The nation's insurance regulators criticized respondents for not being specific or forthcoming enough with their answers.
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Steer Clear Of Carrier Ratings, Insurers Urge NAIC Officials
While the work of financial rating agencies is unsatisfactory, it's not a job insurance regulators should attempt, industry trade group leaders here warned.
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Diversity In The C-Suite Draws Talent, Prepares Industry For Emerging Society
Expanding the insurance industry's workforce diversity, including recruiting and developing more female executives, is not only good politics and good corporate citizenship, but good business, one award-winning woman suggests.
Market Report
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Winning Agencies See Tech Progress As Unending Journey, Not A Destination
Staying ahead of the curve technologically is easier said than done if you happen to be an independent insurance agency.
