AIG and its former chief executive Maurice R. "Hank" Greenberg have agreed to settle all outstanding disagreements between the two, ending a bitter battle that ensued after Mr. Greenberg was forced out of the company in 2005.

There are risks and then there are risks. Imagine having to manage a room full of beetles (yes, insects), in a world-class museum filled with artifacts these beetles could make short work of.

Corporations occasionally become parties to lawsuits in which the plaintiffs named the wrong entity as a defendant to the action. In those instances, the wrongly named corporation's insurer still has a duty to defend the action.

With fewer hurdles to face in bringing lawsuits against employee benefit plan fiduciaries than against directors and officers, more victims of Ponzi schemes will file pension liability suits, a legal expert predicted recently.

The Professional Liability Underwriting Society said it has honored Vanderbilt University lecturer Corbette Doyle, a former insurance broker specializing in health care industry placements.

Two major insurance brokers announced acquisitions this month totaling more than $11 million in revenue.

The Risk and Insurance Management Society, noting that company "travel and training budgets are tight" said it has added four more Web-based professional development offerings.

The New York Insurance Scholarship Foundation, Inc. said it has awarded its first scholarship to Kathleen Vuong, a junior at St. John's University studying actuarial science.