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With talk of trillions of dollars being casually thrown around when discussing our various economic debacles, the fact that AIG lost $61.7 billion in the fourth quarter of 2008 doesn't sound so
During his visit this afternoon to NU's editorial headquarters, New York Insurance Superintendent Eric Dinallo raised an interesting possibility to help fuel a reborn Insurance Exchange--the trading
If someone improves their credit score, does that make them a better driver? And if they suffer a financial setback and their score plummets, does that mean they are a worse driver? NU Editor In Chief
WASHINGTON--A spokesman for State Farm said that although the company is cooperating with a federal investigation into the handling of flood claims in the wake of Hurricane Katrina, unlike other insure
The commission also issued recommendations it said could help to minimize the costs and impacts of future mega-catastrophes, help pay the costs of these events in a fairer and more efficient manner, a
A consulting firm poll has found that public and private companies have received a record number of inquiries from potential board members who had concerns about their current directors and officers (
ComputerWorld recently reported on the theft of yet another laptop computer that contains vital, sensitive, private information on innocent people. It seems there's no end to these incidents, but the
Also sounding an alarm was Frank Nutter, president of the Reinsurance Association of America, who said the insurance industry is at "great risk" if it does not understand global climate variability an
Greg Case, president and chief executive officer for the Chicago-based firm, said the company was able to achieve growth despite the challenges of a soft market that he said would continue and intensi
The rules, he said, "will help the Office of Insurance Regulation ensure that hurricane claims are paid in a timely manner and that all future rate filings are signed by company executives swearing un
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