News

Pursuing directors and officers claims against investment advisors in connection with the Madoff pyramid scheme could be difficult as multiple Securities and Exchange Commission investigations failed to uncover it, an attorney advised today.

Insurer W. R. Berkley Corp., Greenwich, Conn., said it has named Sandra C. Nelson president of its Monitor Liability Managers, LLC commercial unit.

Federal and state activity to create rules and laws for the insurance industry has surged this year increasing demands on carrier resources, a consulting firm said.

Federal and state activity to create rules and laws for the insurance industry has surged this year increasing demands on carrier resources, a consulting firm said.

Credit rating agencies, which are set to answer questions before insurance regulators next week, are being investigated by the California Attorney General's Office, it was announced.

Walter Lewis, formerly an insurance adjuster for Nationwide, has been found guilty of stealing more than just office supplies from the company.