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American International Group said it will sell its majority interest in its consumer lending business, American General Finance, and take a pre-tax loss of $1.9 billion in the third quarter from the transaction.
The American College of Occupational and Environmental Medicine soon will release the Third Edition of its Occupational Medicine Practice Guidelines: Evaluation and Management of Common Health Problems and Functional Recovery in Workers.
With litigation and ballot initiatives mounting over the federal mandate to buy health insurance, NU Editor Sam Friedman wonders if the reform law will survive such challenges. Offer your view on his blog at www.NUSamSoapBox.com.
A major 7.3 magnitude earthquake struck near the Pacific Island Republic of Vanuatu, causing power outages and shaking, but as of yet, no major damage has been reported, according to catastrophe modeler Risk Management Solutions (RMS).
Tower Group Inc. said 2010 second-quarter net income was $28.3 million, down from $30.6 million a year ago, while gross premiums written increased 26.7 percent from the integration of its CastlePoint and Specialty Underwriters' Alliance acquisitions.
Higher than expected major losses in the 2010 first half led to a 28.3 percent decline in group net income for Hannover Re compared to the 2009 first half.
State Auto Financial Corp. said it no longer wants to be in the nonstandard automobile insurance business and is selling a subsidiary that sells that insurance--State Auto National--to Hallmark Financial Services Inc.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, including claim adjusting, according to the I.I.I.'s latest report.
Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.
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