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The firm said the policy is effective worldwide, is AA security rated and offers limits up to $10 million per event and indemnifies the policyholder against kidnapping and extortion, lost ransom, and

Standard & Poor's Ratings Services affirmed the debt ratings on Chicago-based insurance broker Aon Corp. and removed the firm from credit watch, saying it was satisfied the Aon deal to buy Benfield wo

NEW YORK--Insurance executives said today that the current mood in Congress, given the U.S. financial troubles, indicates some form of federal insurance regulation has become a matter of "when," rather

New York Insurance Superintendent Eric Dinallo told a congressional panel today that the state will postpone plans to regulate a segment of the credit default swap market in light of progress that fed

Chicago-based consulting firm Bridge Strategy Group LLC announced today that former insurance, executive, regulator and trade organization leader Ernst Csiszar has joined Bridge as insurance industry

There are a variety of strategies risk managers can use to optimize their insurance that will help their company's bottom line during the economic downturn, brokerage firm experts advised during a Web