State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.
Hedley Blane was named chief underwriting officer of the Hartford Financial Services Group Inc.'s subsidiary, Hartford Financial Products International Ltd (HFPI).
There was no discrepancy between American International Group's chief executive approving an expedited payment of bonuses and his remarks that he was unhappy with them, a company spokesperson said yesterday.
SFO said it is also working on the probe with the UK-based financial services regulator, the Financial Services Authority. SFO noted that its inquiry does not concern the insurance operations of AIG
Led by newly-appointed Chief Executive Officer Colin Thompson, formerly at Axis Specialty, Argo Financial will underwrite a range of financial products through Heritage Underwriting Agency Limited, wh
Travelers Bond & Financial Products has announced enhancements to Risk Management PLUS+ Online, a risk management services Web site for customers. The expanded site includes risk management informatio
Hartford Financial Products, an underwriting unit of The Hartford Financial Services Group Inc., has developed CyberChoice 2.0, a technology-related insurance policy that addresses the threats associated with Web use. CyberChoice 2.0 includes both
Financial Products Probe ExpandingThe Securities and Exchange Commission's probe into company purchases of insurance products to improperly improve their financial picture has been joined by ...
MBIA Subpoenaed In Financial Products ProbeNU Online News Service, Nov. 19, 2:40 p.m. EST?MBIA Inc. said it has received subpoenas from both the Securities and ...