Failure to notify an insurer of a claim on a timely basis justifies a decision not to defend the parties to the lawsuit, the Illinois Supreme Court ruled yesterday, upholding existing precedent in tha

The planned amendments to the Model Audit Rule would set new reporting requirements on internal controls, as well as new rules on the number of independent directors a mutual company must have on its

The planned amendments to the Model Audit Rule would set new reporting requirements on internal controls, as well as new rules on the number of independent directors a mutual company must have on its

Mr. Erburu, who joined the MMC Board in 1996, served as non-executive chairman of MMC since March 2005 and as lead director since October 2004. He previously served as chairman of the Times-Mirror Co.

Mr. Erburu, who joined the MMC Board in 1996, served as non-executive chairman of MMC since March 2005 and as lead director since October 2004. He previously served as chairman of the Times-Mirror Co.

ACE Limited announced today that Brian Duperreault, chairman of the board, will retire from the company, effective June 1. Mr. Duperreault will continue to serve ACE in the role of non-executive chair

Introduced by Rep. Tom Feeney, R-Fla., the Competitive and Open Markets that Protect and Enhance the Treatment of Entrepreneurs, or COMPETE Act, would establish alternative SOX requirements that small

A study conducted for the National Hurricane Survival Initiative by Mason-Dixon Polling and Research found that many residents of states that could potentially be hit by a hurricane are generally unaw