New York Gov. David Paterson today agreed to allow American International Group to transfer up to $20 billion in high-quality assets from its insurance company subsidiaries to the parent company, as t

Reinsurers of U.S. hurricane risk will play an important role in covering the losses of Hurricane Ike, which battered the Texas coast on Saturday, causing estimated insured property damage between $6

WASHINGTON--The leadership of the National Conference of Insurance Legislators is asking in the strongest terms that the U.S. House of Representatives give a thumbs-down this week to legislation that w

WASHINGTON--The leadership of the National Conference of Insurance Legislators is asking in the strongest terms that the U.S. House of Representatives give a thumbs-down this week to legislation that w

Mr. Montgomery is associate development consultant for the Lockton Companies in Kansas City, Mo. He is responsible for training more than 2,000 associates on the proper use of Applied Systems, and he

Aon Consulting in Germany (Aon Jauch & H?bener) has appointed Marco Arteaga as CEO, effective April 1, 2009. He will take over the chair of the executive board of Aon Jauch & H?bener Consulting from A

Over the weekend, the insurer has been working on a three-part plan involving asset sales, shifting regulated capital from insurance operations to the holding company, and working with private equity

Saturday morning's strike of Hurricane Ike on the Texas coast caused insured property damage of anywhere from as low as $6 billion to as high as $18 billion, the three major catastrophe modelers estim