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By Mark E. Ruquet, PropertyCasualty360.com |
September 28, 2010
Marsh & McLennan Companies agreed to pay Ohio $4.75 million to settle an antitrust lawsuit stemming from allegations that the company's insurance brokerage firm engaged in a bid-rigging and kickback scheme in return for lucrative contingent commissions.
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By Staff Writer |
June 23, 2010
A group of domestic insurers has responded to a YouTube video opposing an offshore insurer tax increase with its own video in support of the measure.
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By Mark E. Ruquet, PropertyCasualty360.com |
June 4, 2010
Warren, N.J.-based insurer The Chubb Corp. is calling upon investors to reject an unsolicited "mini-tender" offer from TRC Capital Corp., which has a history of such questionable practices.
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By Staff Writer |
March 30, 2010
Warren, N.J.-based insurer The Chubb Corp. said it estimates its first-quarter losses to be approximately $290 million pre-tax, and $189 million after-tax.
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By Susanne Sclafane, PropertyCasualty360.com |
March 8, 2010
Two Bermuda-based companies, Max Capital Group and Harbor Point Ltd., agreed to merge last week, creating a global insurance and reinsurance enterprise with total capital of $3 billion.