News

In response to an NU news article, a spokesman for Maurice Greenberg sent a letter, offering an explanation of how AIG's ERM system might have gone awry after he left. To read the full letter, go to Editor Sam Friedman's blog at www.NUSamSoapBox.com.

The Risk and Insurance Management Society Inc. released a report calling for complete transparency and full disclosure of all broker revenue from insurance placements and services.

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

American International Group's financial problems should not be a factor in a decision whether to establish optional or mandatory federal chartering of insurance companies, congressional staff were advised at a briefing.

While the general insurance sector has escaped the global financial crisis relatively intact, remaining obstacles will need to be carefully managed in the coming year, according to a new report by Willis Group Holdings.

Excess and surplus lines insurance executives at a meeting here expressed worries that pending federal legislation for their sector could be a precursor to U.S. regulation for all insurance activity.