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In a Securities and Exchange Commission filing last week, MMC said it came to agreement with Mr. Cherkasky on Feb. 15 to pay him a lump sum as part of his employment agreement. He received no bonus fo
Fitch Ratings has placed the insurer financial strength ratings of three mortgage insurers on Rating Watch Negative, citing concerns regarding deterioration in several mortgage asset classes beyond th
HARTFORD, CONN.--Five former insurance executives with General Reinsurance and American International Group were found guilty by a federal jury today of all charges stemming from an alleged bogus reins
The reinsurer said fourth-quarter consolidated profit was $873.2 million compared to $991.8 million in 2006. Munich Re said that net earned premiums increased 0.4 percent, and investment results decli
Willis Group Holdings has named KJ Wagner president and chief executive officer, as well as regional partner, of Willis of Arizona Inc.The brokerage said Mr. ...
Making the announcement were National Association of Insurance Commissioners (NAIC) President Sandy Praeger and National Conference of Insurance Legislators (NCOIL) President Brian Patrick Kennedy, as
S.I.R. said participants will learn what claims data is available, what tools are available to manage operational performance, and how to increase the awareness of the value of claims data across an e
Daytona Beach, Fla.-based insurance broker Brown & Brown said it has acquired the Subway restaurant franchisee insurance accounts from Franchise Insurance Agency Inc. of Columbus, Ohio. Terms of the d
The National Fraternal Congress of America announced that Joseph J. Annotti, currently senior vice president, public affairs for Property Casualty Insurers Association of America (PCI), has been hired
The National Fraternal Congress of America announced that Joseph J. Annotti, currently senior vice president, public affairs for Property Casualty Insurers Association of America (PCI), has been hired
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