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Uncertainty and risk aversion trumped other, more favorable mergers and acquisitions factors present in 2013 to drive U.S. property and casualty M&A activity to its lowest level since the 2008-09 fiscal crisis, a new report says.
American International Group Inc. selected Peter Fisher, a former BlackRock Inc. executive and U.S. government official, to join the board of directors as the insurer prepares for increased federal oversight.
American International Group Inc. selected Peter Fisher, a former BlackRock Inc. executive and U.S. government official, to join the board of directors as the insurer prepares for increased federal oversight.
American International Group Inc. Chief Executive Officer Robert Benmosche and four other senior managers received cash bonuses that exceeded their targets last year as the insurers results improved.
American International Group Inc. Chief Executive Officer Robert Benmosche and four other senior managers received cash bonuses that exceeded their targets last year as the insurers results improved.
The Florida Supreme Court on Thursday struck down a state law that placed a $1 million limit on the amount of money people can be awarded in wrongful death cases caused by medical malpractice.
The Florida Supreme Court on Thursday struck down a state law that placed a $1 million limit on the amount of money people can be awarded in wrongful death cases caused by medical malpractice.
Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.
Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.
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