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By Reuters |
May 17, 2012
New York's Attorney General must review his predecessor's private emails relating to a probe of American International Group Inc and decide whether to release them to the public, a state judge has ruled.
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By Jonathan Stempel (Reuters) |
May 15, 2012
Former American International Group Inc Chief Executive Maurice "Hank" Greenberg said New York's attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 22, 2012
The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York say they will not appeal the decision of a state appeals court that upholds state regulations governing disclosure of producer compensation.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 14, 2012
Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 9, 2012
The Missouri Supreme Court says an insurance broker does not violate state law by accepting contingent commissions and not disclosing them, but may owe a fiduciary duty to reveal the commissions.
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By Mark E. Ruquet |
February 2, 2012
Contingent-commission payouts are expected to be 12 percent higher this year than in 2011 as insurers make changes in the way they compensate agents, according to a report from consulting firm Ward Group.
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By Mark E. Ruquet, PropertyCasualty360.com |
November 1, 2011
“Advice not price” is the mantra of the company—which also stands out with its no-commission compensation structure
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By Mark E. Ruquet, PropertyCasualty360.com |
September 29, 2011
While some agencies have only recently come to embrace the idea of being a risk consultant for their clients, the concept is nothing new for the agency Parker, Smith & Feek.
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By Mark E. Ruquet |
September 29, 2011
For its attention to risk consulting and its ability to translate that into a profitable and growing enterprise, Parker, Smith & Feek is our 2011 winner of the Commercial Agency Awards for Excellence.
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By Phil Gusman, PropertyCasualty360.com |
August 22, 2011
Former Marsh executive William Gilman has filed a $60 million complaint against Eliot Spitzer and The Slate Group, LLC over an article Spitzer wrote for Slate that is, according to the complaint, “patently false and defamatory to [Gilman] in several respects.”
