Marsh CEO Brian Storms dropped a bombshell this week, announcing his firm is moving to amend its agreement with New York to allow payment of service-oriented contingency fees. While a shocker, such a

While critics will no doubt blast the federal government for handing AIG a sweetheart deal by renegotiating its loan terms, Uncle Sam did what's best for the long-term future of the troubled company a

The insurance industry made a powerful enemy last week when presidential candidate Barack Obama called for a wide-ranging federal investigation of reported abuses by long-term care carriers. NU Editor

How does Bermuda remain a market of choice rather than a market of need, especially with prices falling and coverage expanding so rapidly these days? Those are among the existential questions addresse

Daniel S. Glaser will have his hands full as the new chairman and CEO at Marsh, but can he turn the troubled brokerage around quickly enough to save the job of his embattled boss--MMC President Mike Ch

NU Editor In Chief Sam Friedman invited J. Robert Hunter--insurance director for the Consumer Federation of America and a former federal insurance administrator--to explain why he thinks insurers have

Carriers cannot afford to "Just Say No" to New York Insurance Superintendent Eric Dinallo's proposal to require property writers to put aside part of their premiums for a special reserve fund to help

It was a glum group of CEOs who gathered in New York this week for the annual forum of insurance company and association executives, as all the tea leaves seem to indicate insurers have about as much