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Kathleen Blomquist, a Justice Department spokeswoman, said there is an ongoing investigation of "anti-competitive practices in the municipal bond industry." She would not comment further. The SEC does
Chubb Co. has said it will appeal a Texas court ruling requiring it to defend cell phone maker Samsung against several class-action injury suits by consumers, an attorney for the manufacturer said yes
NEW YORK--Insurers to be competitive need to focus on service and underwriting rather than price, the head of the ninth largest U.S. property-casualty insurer told industry counterparts at a meeting he
Aon Corp. has named Baljit "Bal" Dail as its global chief information officer. In this role, Mr. Dail will have direct responsibility for all information technology functions across Aon, the Chicago-b
New York-based insurer American International Group Inc. said its subsidiary, American General Finance Corporation, has entered into an agreement to acquire Ocean Finance and Mortgages Limited. Terms
Under the terms of the arrangement, the broker said the repurchased shares are subject to a price adjustment based on the volume weighted average market price of Willis' common shares during the term
"I think we've got a lot of people crying wolf right now," he added, directing his comments toward V.J. Dowling, managing partner of Dowling & Partners Securities based in Hartford, Conn., who partici
"Our political system goes through these seismic shifts very seldom," Mr. Racicot said at the event sponsored by Ernst and Young and National Underwriter. He noted the gains made by the Democrats were
Under its license, Liberty Mutual said it will operate a general insurance company, Liberty Insurance, providing home, auto, travel and health insurance to individuals and property, liability, marine
A general session will discuss the equipment theft problem, recovery challenges and solutions. Break-out classes will provide law enforcement with instruction in equipment identification techniques, i
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