News

Even though debate on a national health care reform bill in the U.S. Senate is grabbing all the headlines, federal legislation that would radically alter how insurers are regulated remains on the front burner in Congress.

The National Association of Insurance Commissioners says it will keep secret the names of bidders competing for a contract to assess the disputed value of insurers' mortgage-backed securities.

A concern that a so-called "navigator" provision will limit the ability of insurance agents to sell health insurance products will be front and center on the agenda of the industry's lobbyists as the U.S. Senate begins debate Nov. 30.

AIG and its former chief executive Maurice R. "Hank" Greenberg have agreed to settle all outstanding disagreements between the two, ending a bitter battle that ensued after Mr. Greenberg was forced out of the company in 2005.

There are risks and then there are risks. Imagine having to manage a room full of beetles (yes, insects), in a world-class museum filled with artifacts these beetles could make short work of.

Corporations occasionally become parties to lawsuits in which the plaintiffs named the wrong entity as a defendant to the action. In those instances, the wrongly named corporation's insurer still has a duty to defend the action.