News

The National Conference of Insurance Legislators said it has adopted model legislation to prohibit "naked" credit default swaps and put "covered swaps" under state insurance regulation.

Agent and brokers' 165 percent increase in claims download technology use in the past year underscores their desire for such solutions, a technology provider said.

Chicago-based insurance broker Aon Corp. said it will change its New York Stock Exchange common stock ticker symbol to "AON" from "AOC" effective Dec. 1.

Cincinnati Financial Corporation announced that their board of directors on Friday declared a 39.5 cents per share regular quarterly cash dividend.

A lack of regulation is contributing to a crisis that will ultimately spill over into the directors and officer liability world--global warming, predicts a leading plaintiff attorney.

A top executive of Chartis, the rebranded property and casualty carrier of American International Group, says any lingering accusations by competitors about alleged underpricing to counteract AIG's damaged reputation are bogus and simply sour grapes.