The owners of a Homestead, Fla. nursery have sown the seeds of lengthy prison sentences after executing a con that siphoned a cool million from a federal disaster fund.

The use of cloud computing is on the rise among insurers, and many IT professionals at carriers see it as a threat.

With President Obama signing a 60-day National Flood Insurance Program (NFIP) extension bill on May 31, a lapse in the program has been avoidedbut industry officials are wasting no time looking to the next phase and calling on the Senate to act on a five-year extension.

Lawyers for Maurice Hank Greenberg, the former chairman and CEO of AIG, argue in a court filing that the Federal Reserve Board did not have unlimited powers when it moved to aid AIG in late 2008 and that some of its actions breached its duty to AIG shareholders.

Adoption of the federal Jumpstart Our Business Startups (JOBS) Act gives new companies easier access to capital from the general investing publicbut also presents liability exposures that D&O insurers do not yet fully understand, says a report from Marsh.

With President Obama signing a 60-day National Flood Insurance Program (NFIP) extension bill on May 31, a lapse in the program has been avoidedbut industry officials are wasting no time looking to the next phase and calling on the Senate to act on a five-year extension.

The owners of a Homestead, Fla. nursery have sown the seeds of lengthy prison sentences after executing a con that siphoned a cool million from a federal disaster fund.

A stockholders revolt leading to the ouster of Generali Groups longtime chief executive has resulted in Zurich Insurance Group losing its CEO of General Insurance.