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Carriers hail move to reform federal program, but oppose new burdens

The Chicago-based insurance broker said the acquisition is subject to customary conditions, including the receipt of required regulatory approvals, and is expected to close in the fourth quarter of 20

American International Marine Agency Inc. (AIMA), a wholly owned subsidiary of C. V. Starr & Co. Inc., led by ousted American International Group Chairman Maurice Greenberg, informed AIG that it inten

American International Marine Agency Inc. (AIMA), a wholly owned subsidiary of C. V. Starr & Co. Inc., led by ousted American International Group Chairman Maurice Greenberg, informed AIG that it inten

Various stakeholders have been working for changes in the New York State workers' comp system, which has the second highest claims level in the nation, but the pre-approval measure was the only comp b

The New York-based rating service said it does not consider the verdict a liquidity issue for the firm. S&P said USI, as of March 31, has about $29 million in cash on hand and an additional $74 millio