News

Insurers blast newest version for failing to provide exclusive claims remedyWashingtonDespite a strong vote by the U.S. Senate Judiciary Committee to release an asbestos ...

A second employee fired, a third suspended after internal investigationBy Mark E. RuquetThe president of Hilb, Rogal & Hobbs Company has resigned after the ...

Five-year combined profit cut by $3.9 billion; $850 million A&E charge announcedBy michael haAmerican International Group Inc., the insurance giant besieged by allegations of ...

West Virginia Attorney General Darrell McGraw has sued insurance broker Acordia, charging the intermediary received millions of dollars in "hidden" contingent commissions in return ...

Berkshire Hathaway announced that its subsidiary, General Re Corp., terminated the consulting services of Ronald E. Ferguson, its former chief executive officer, after he ...

In spite of a new business environment, cultural inertia and other issues stall efficiency initiativesBy Michael HaOrlandoInsurers' chief information officers face continuing challenges from ...

Some insurers' dream of deregulated auto, home pricingwill meet resistanceBy STEVE TUCKEYIf personal lines deregulation is the "third rail" of insurance politics, then at ...

Lawsuit filed by Spitzer, Mills seeks injunctive relief, damages, profit disgorgement; investigation continuesThe attorney general and insurance superintendent of New York announced that they ...