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Brown & Brown will pay its ex-chief acquisition officer a severance package of more than $800,000 after the announcement that he left the company earlier this month.
Maurice “Hank” Greenberg, formerly the chief executive of American International Group Inc. (AIG), could go on trial in May for his alleged role in a sham reinsurance transaction with Gen Re Corp.
Insurers face the threefold challenge of conforming to the laws and regulations specific to the states in which they operate, staying ahead of changes to those laws and regulations, and complying with federal laws and regulations that affect them.
The retirement of Executive Vice President and Chief Operating Officer Mark A. Blackburn has resulted in a restructuring of leadership roles at the company.
The retirement of Executive Vice President and Chief Operating Officer Mark A. Blackburn has resulted in a restructuring of leadership roles at the company.
Policy administration system implementations consistently make the ‘A List’ of important projects for insurers every year. There always are a large number of policy administration projects under consideration in the insurance industry—some to handle new lines of business, some to manage processing for new companies—but the vast majority are undertaken...
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