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While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.
While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.
The MEMIC Group's president and CEO John Leonard has been re-elected by the ACORD Board of Directors (www.acord.org) as the 2012 chair. Lawrence Blakeman of MetLife was also re-elected as the board's vice-chair. The announcements were made by ACORD's President and CEO Gregory A. Maciag.
The MEMIC Group's president and CEO John Leonard has been re-elected by the ACORD Board of Directors (www.acord.org) as the 2012 chair. Lawrence Blakeman of MetLife was also re-elected as the board's vice-chair. The announcements were made by ACORD's President and CEO Gregory A. Maciag.
Global investment bank Keefe, Bruyette & Woods says property and casualty insurance industry investors may not see improvements in earnings per share or return on equity in fourth-quarter earnings, but there is a silver lining for some companies.
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