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By Chad Hemenway, PropertyCasualty360.com |
May 4, 2012
Driven by profits in all core business units—especially its property and casualty insurance unit—American International Group Inc.’s first-quarter net income climbed more than 147 percent.
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By Emma Lehmann |
March 28, 2012
Celebrating 80 years of service, three generations have guided Sterling & Sterling
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By Caroline McDonald, PropertyCasualty360.com |
March 8, 2012
Underwriters of property coverage for mining operations identify business interruption as one of their biggest challenges—because severe fluctuations in commodity pricing can make it difficult to accurately gauge the ultimate exposure.
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By Chad Hemenway, PropertyCasualty360.com |
February 24, 2012
American International Group Inc. says it expects to turn a profit in the future and is on pace to achieve goals it has set for 2015.
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February 24, 2012
A Chartis client with a Ferrari Enzo—one of 400 made—was “driving too enthusiastically” and put it into a wall, says Ron Fiamma, vice president and director of private collections with Chartis’ Private Client Group. The claims adjusters determined the vehicle was a total loss and were ready to write a...
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By Chad Hemenway, PropertyCasualty360.com |
February 22, 2012
Chartis says it has condensed its claims, operations and systems under one management team in an effort to get closer to fulfilling a combined ratio promise.
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By Arthur D. Postal |
February 16, 2012
Chartis companies have been able to retain 90 percent of their customers despite the economic turmoil American International Group has endured since 2008, AIG Chief Executive Officer Robert Benmosche said at an investment conference Wednesday.
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By Mark E. Ruquet |
February 16, 2012
As the economy shows signs of improvement in the aftermath of the Great Recession of 2007-2009, insurance executives say high-net-worth clients are beginning to spend again—and it remains an underserved market that independent agents should be taking advantage of.
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By Mark E. Ruquet |
February 16, 2012
The near-depression-level economic depths that were reached following the financial meltdown of 2008 were so severe that even the super-rich were badly hurt.
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By Chad Hemenway, PropertyCasualty360.com |
January 18, 2012
Chartis has reassigned some of its top executives—the second such shakeup for the American International Group subsidiary in less than a year—in conjunction with a geographic restructuring to hone in on growing economies.