Twitter and the blogosphere were ablaze this week with the buzz surrounding an Accenture study that found three-quarters of U.S. consumers prefer to buy insurance ...
It would be easy to begin with a couple of scare stories about companies losing thousands of customer records to hackers, phishers stealing millions of dollars, and fraudsters making lives miserable f
After announcements that American International Group had adopted voluntary restrictions on executive compensation that eliminate management bonuses this year, a Maryland congressman is demanding
In the letter, Rep. Elijah Cummings, D-Md., accused AIG of "disingenuous sleight of hand" by disavowing the payment of performance bonuses to senior execs in 2008, but then continuing to provide reten
Close to half of the reporting banks (46 percent) reported that part of their income was produced through insurance brokerage revenue. The fee income consists of commissions and fees earned from sales
Starr International Company Inc., headed by Maurice Greenberg., announced today it was part of a deal with a consortium to sell off a multi-use office development project on a tract in central Moscow
With more experts putting numbers to the possible insurance liability impact of the subprime mortgage crisis last month, the figures are starting to mount, with estimates ranging from $3 billion to
The Bank Fee Income Report (FIR)--compiled by consultants Michael White Associates, LLC in Radnor, Pa., and sponsored by Symetra Financial of Bellevue, Wash.--said this year's first-quarter income was $
Behind Citibank on the list was BB&T (Branch Banking and Trust Company) with $799.4 million in insurance revenue. FIA Card Services was third, but saw its revenues drop 26 percent, or $66 million, to
A New Jersey lawmaker said yesterday he plans to introduce legislation in response to a complaint by insurance agents that GEICO has made an improper arrangement with the state turnpike authority to m