There are a variety of strategies risk managers can use to optimize their insurance that will help their company's bottom line during the economic downturn, brokerage firm experts advised during a Web

o Professional Agent of the Year: an agent who demonstrates excellence and achievement in insurance marketing and service; exhibits a personal commitment to professionalism; and contributes to PIA and

Ratings-challenged bond insurer Ambac Financial Group, Inc. announced it has reached agreement with counterparties to terminate four collateralized debt obligations (CDOs) worth approximately $3.5 bil

The Zurich, Switzerland-headquartered insurer said Mr. Vitale replaces Geoff Riddell who will assume additional responsibilities overseeing Zurich's operations in the Asia-Pacific and Middle East regi

Its action came, Citigroup said, after ACE's disclosure that its exposures from premiums and claims from variable annuity contracts reinsuring Guaranteed Minimum Death Benefits (GMDB and Guaranteed Mi

In testimony before the Senate Finance committee, Andrew Stern, international president of the Service Employees International Union said Congressional and White House policymakers should take advanta

The company said that approximately $500 million in earned but deferred pay would be distributed in the first quarter of 2009, which is pay that individuals earned but volunteered to defer receiving u

New York Insurance Superintendent Eric Dinallo announced he has issued an advisory to insurance companies notifying them that canceling a homeowners policy only on the basis that a dwelling is unoccup