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A member of the Senate Banking Committee wants to make clear that he is concerned with how a new federal agency treats mutual insurers that could be declared systemic risks.
A member of the Senate Banking Committee wants to make clear that he is concerned with how a new federal agency treats mutual insurers that could be declared systemic risks.
Christopher A. Brassard was named the new chairman of the Independent Insurance Agents & Brokers of New York, Inc., along with other officials at its recent annual meeting.
The proposed sale of 300 million shares of American International Group stock got a thumbs-up from Moody’s, which says the company has the right pieces in place to improve its operating return, but notes earnings volatility ahead as it faces a number of challenges.
The proposed sale of 300 million shares of American International Group stock got a thumbs-up from Moody’s, which says the company has the right pieces in place to improve its operating return, but notes earnings volatility ahead as it faces a number of challenges.
The outlook for the insurance industry is not so rosy as reserve releases and other economic trends are putting pressure on company performance, according to two industry observers.
The outlook for the insurance industry is not so rosy as reserve releases and other economic trends are putting pressure on company performance, according to two industry observers.
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