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Two groups of American International Group Inc shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Maurice "Hank" Greenberg over alleged losses caused by the U.S. government's bailout of the insurer.
Two groups of American International Group Inc shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Maurice "Hank" Greenberg over alleged losses caused by the U.S. government's bailout of the insurer.
Future success for independent agents depends in part on them continuing to fight for their share of the private-passenger auto-insurance market, and to do so, they cannot continue to cede domination of the Internet and mobile communication to direct writers, a new report says.
Globalization means major disasters can impact insureds in a variety of ways. Presenters at the forthcoming international claims-handling session explain what this means for carriers.
Globalization means major disasters can impact insureds in a variety of ways. Presenters at the forthcoming international claims-handling session explain what this means for carriers.
After a long battle with cancer, John "Jack" Byrne, the man billionaire Warren Buffett dubbed the Babe Ruth of insurance, died at his home in Etna, N.H. on March 7. He was 80 years old.
Imagine zombies smashing through houses, businesses and vehicles. What coverage would exist for the resultant P&C claims? How might (surviving) adjusters approach them?
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