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Florida officials said today they have reached a $4 million settlement with Chicago-based insurance broker Aon Corp. over allegations the firm accepted commissions for commercial insurance transaction

The company said Mr. Motamed is retiring from Chubb, where he spent 31 years, in two weeks. Since 2002, he has served as vice chairman and chief operating officer of Chubb Corp. and president and chie

The company said Mr. Motamed is retiring from Chubb, where he spent 31 years, in two weeks. Since 2002, he has served as vice chairman and chief operating officer of Chubb Corp. and president and chie

Massachusetts Insurance Commissioner Nonnie S. Burnes announced yesterday she had approved the $2.2 billion acquisition of Webster, Mass.-based Commerce Insurance Company by the Spanish insurance com

By now, you've probably heard some things about what went on at the recent ACORD LOMA Insurance Systems Forum, but NU's Ara Trembly has the additional unofficial tidbits you won't want to miss. Get

A major actuarial group has issued a statement disavowing efforts by some of its members to secure a lenient sentence for Ronald Ferguson, the former General Reinsurance chief executive convicted for