Search Results

There has been a proliferation of Side-A-only insurance forms to cover directors and officers in recent years, but few know the history of the underlying coverage of the full D&O policy--a policy now more than seven decades old.

State insurance regulators, after a hearing examining the flawed performance of top rating agencies in assessing the risk of complex securities held by carriers, left unresolved what their next move will be.

The nation's insurance regulators after a hearing examining the flawed performance of the rating agencies left unresolved what their next move will be.

As the current economic environment continues to take its toll on The Hartford, the company's chairman and CEO Ramani Ayer, who will be stepping down at year-end, acknowledged how challenging the last nine months have been.

Profits at Lloyd's last year plunged to $2.7B--less than half of the $5.66B reported for 2007--but its CEO was counting his blessings, contending the market's positive bottom line was "a pretty good result" given the state of the economy.

Lloyd's reported today that its 2008 profit plunged to $2.7 billion from $5.66 billion in 2007, but its chief executive said the amount was "a pretty good result," given the current financial market.

In her new position, Ms. Kelly will assume responsibility for the Communications, Corporate Affairs and Human Resources functions, in addition to her present responsibilities for Global Legal,

"Over the past several months FGIC and its leadership team have made significant progress in FGIC's recovery and remediation efforts," said Thomas C. Wajnert, chairman of the board in a statement. "On