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Chicago-based insurance broker Aon Corp. said it will change its New York Stock Exchange common stock ticker symbol to "AON" from "AOC" effective Dec. 1.
A lack of regulation is contributing to a crisis that will ultimately spill over into the directors and officer liability world--global warming, predicts a leading plaintiff attorney.
A top executive of Chartis, the rebranded property and casualty carrier of American International Group, says any lingering accusations by competitors about alleged underpricing to counteract AIG's damaged reputation are bogus and simply sour grapes.
Insurers who believe in American-style capitalism have to rally behind the free market to head off a government overreaction in regulating the economy in general.
The National Association of Insurance Commissioners has won significant changes to legislation creating a Federal Insurance Office, giving state regulators more say in its operations.
The insurance industry was the second most fraud-prone industry sector behind communications, according to a global economic crime survey released last week by PricewaterhouseCoopers.
A day after announcing the acquisition of Texas independent agency Insurance Alliance, the head of Marsh & McLennan Companies said the firm could announce the purchase of several additional agencies by year's end.
Did the availability of directors and officers liability insurance products contribute to the credit crisis fueled by investment firms that securitized subprime mortgages and other debt obligations?
The House health care reform bill is a "trial lawyer's dream" that could have some degree of a "spillover effect" on the property and casualty industry, according to Insurance Information Institute President Robert P. Hartwig.
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