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By Mark E. Ruquet, PropertyCasualty360.com |
April 2, 2012
Insurance broker Aon announced today it has completed the move of its corporate headquarters to London.
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By Staff Writers |
March 29, 2012
While the insurance industry is state regulated, Washington D.C. has always remained a major player in the business. PC360 Washington editor Arthur D. Postal has compiled a list of the top-20 public and industry figures in Washington D.C.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 21, 2012
A federal appeals court reinstated a securities lawsuit involving the Ponzi scheme of R. Allen Stanford that names Willis Group Holdings as a defendant in the multi-billion-dollar fraud.
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By Randall Chase, Associated Press |
March 20, 2012
A Delaware judge dismissed a shareholder lawsuit alleging that billionaire Warren Buffett and directors of Berkshire Hathaway Inc. failed to take proper action in response to stock trades by a former Berkshire executive ahead of the company's $9 billion acquisition of chemical manufacturer Lubrizol.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 16, 2012
Company directors do not realize the full threat of their cyber-liability exposure, and they must be more aware of the legal hazards they face or risk litigation from investors and regulators, says an insurance broker.
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By Arthur D. Postal |
March 15, 2012
The Securities and Exchange Commission is considering giving insurers a broad exemption from the Volcker Ruleāthe section of the Dodd-Frank Wall Street Reform and Consumer Protection Act that restricts financial institutions from engaging in certain kinds of speculative investing.
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By Mark E. Ruquet |
March 13, 2012
Willis Group Holdings took a charge of $28 million after an internal audit discovered a group of employees within the company falsified commissions and fees earned for more than five years.
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By Arthur D. Postal |
March 8, 2012
The SEC is considering giving insurers a broad exemption from the Volcker Rule, which restricts financial institutions from engaging in certain kinds of speculative investing.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 5, 2012
Vanessa A. Wittman, executive vice president and chief financial officer of Marsh & McLennan Companies, Inc., is resigning from the firm to accept a senior role at Google.
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By Chad Hemenway, PropertyCasualty360.com |
March 1, 2012
In a report filed with the Securities and Exchange Commission, Allstate says the number of Allstate-exclusive agencies has fallen to about 10,000 from about 11,500 in 2010.