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Risk Specialists Companies Inc., a member company of New York-based American International Group Inc., said it acquired Guild Underwriters Napa Inc. and its affiliated companies. Terms of the deal wer

WASHINGTON--Insurance companies will be forced to pay huge costs resulting from litigation that will follow the Supreme Court's decision yesterday allowing states and municipalities to sue companies ov

The recommendation was contained in the report of the Antitrust Modernization Commission. Four of the 12 members of the commission specifically called for repeal of McCarran-Ferguson and three other a

Charles E. Haldeman, president and chief executive officer of Putnam Investments, the financial services arm of New York-based MMC, made $13.8 million in total compensation. Michael G. Cherkasky, MMC'

Charles E. Haldeman, president and chief executive officer of Putnam Investments, the financial services arm of New York-based MMC, made $13.8 million in total compensation. Michael G. Cherkasky, MMC'

New research from TowerGroup, a research and advisory services firm, has found that the time is right for U.S. property-casualty insurers to aggressively exploit the business benefits of mobile techno