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Many employers could be paying inflated costs because a majority are not fully aware of how their workers' compensation arrangements work with third party administrators or managed care organizations,
An outright denial of any sale was not part of the statement. The company said it is looking at opportunities and that it is being assisted in this effort by the financial advisor Goldman, Sachs & Com
An attorney said her nationwide law firm is at work creating a coalition of insurer representatives to oppose a new rule by New York making it mandatory for directors and officers liability insurers t
The discussion draft of proposed legislation released last week by Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, sets the stage for a long-anticipated showdown next year in Congr
Allstate Chairman, President and CEO Thomas J. Wilson said the insurer "plays an important role in serving millions of Americans who rely on us for common-sense solutions to help them protect their as
Allstate Chairman, President and CEO Thomas J. Wilson said the insurer "plays an important role in serving millions of Americans who rely on us for common-sense solutions to help them protect their as
An over-reliance on financial models used in securitizing mortgage risks and a failure to question basic assumptions played a role in the subprime crisis, an expert panel advised a recent meeting of a
The New York Insurance Association said it is opposing a provision in Governor David Paterson's preliminary deficit reduction package that would add $140 million in assessments for New York domestic i
A group of state legislators who focus on insurance said they are planning to hold a strategy summit with various official groups to plan opposition to any federal involvement with insurance regulatio
American International Group (AIG) said that nearly $10 billion in cash settlement swaps sold as credit protection on "synthetic" securities can be resolved under existing arrangements with the Fed an
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