Jonathan Legge, a managing director with Mercator Risk Services, said the reverberations will likely register as investment advisors and banks that invested clients' money through Mr. Madoff are hit

WASHINGTON--The Government Accountability Office today released a study highly critical of the current financial services regulatory structure and said proposals for updating regulation should focus

In its January 2009 Reinsurance Market Outlook, Aon Benfield, a unit of Chicago-based Aon Corp., said that assuming there is only limited additional turbulence in the financial markets and no

Bermuda-based Catlin Group Limited, an international specialty property and casualty insurer and reinsurer, announced that Joseph Horan has been named chief underwriting officer- reinsurance for

Bermuda-based Catlin Group Limited, an international specialty property and casualty insurer and reinsurer, announced that Joseph Horan has been named chief underwriting officer- reinsurance for

FCCI Insurance Group, a Sarasota, Fla.-based commercial property and casualty insurance writer, said it has acquired the 20 percent of Brierfield Insurance Company of Jackson, Miss., it did not own

Mr. Bradford, who has served for the past two years as Division of Behavioral Sciences director in the Arkansas Department of Human Services, replaces Commissioner Julie Benafield Bowman, who

Between Jan. 2005 and Sept. 2007, the FSA said Aon Ltd., the London-based unit of Chicago based Aon Corp., failed to "properly assess the risks involved in its dealings with overseas firms and