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By Arthur D. Postal, PropertyCasualty360.com |
January 23, 2012
The market is apparently strengthening for the risky residential mortgage-backed securities purchased by the Federal Reserve Board in early 2009 as part of its bailout of American International Group.
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By Chad Hemenway, PropertyCasualty360.com |
December 23, 2011
American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche has told the company he wants to keep leading it beyond next year.
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By Ken Brownlee, CPCU |
November 28, 2011
As if there isn't enough to worry about what's happening on Earth, scientists are warning against space weather. Solar storms, they say, could wreak havoc on the electric-power supply, triggering losses from business interruption and damaged physical assets.
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By Mark E. Ruquet |
September 9, 2011
Client information is the most valuable commodity the insurance industry has in its possession—and protection of that precious resource in the age of electronic transactions is imperative to the industry’s growth and survival.
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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.”
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By Staff Writer |
August 1, 2011
The abrupt departure of Joseph P. Lacher as president of Allstate Protection may have been due to comments he made about Allstate’s chief executive, according to the Wall Street Journal.
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By Arthur D. Postal, PropertyCasualty360.com |
July 19, 2011
American International Group is apparently seeking to take advantage of a strengthening airplane-leasing market by selling part of its International Lease Finance Corp. unit through an initial public offering.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
July 15, 2011
Rupert Murdoch is embroiled in a phone hacking scandal that has the potential to bring down his multimedia empire--a cautionary tale for any business.
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By Associated Press |
July 11, 2011
When it sells stock to the public later this year, insurance giant American International Group Inc. is planning to replace one or more of the four investment banks that managed its share offering in May, according to a published report.
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By Julie Knudson |
July 1, 2011
Agents and brokers have moved on from what was once a lightning rod topic—the contingent commission controversy.