News

Ex-Near North HeadGets 10-Year SentenceA federal judge last week sentenced Michael Segal, the former head of Chicago-based insurance brokerage firm Near North, to 10 ...

P-C Industry RemainsUnderreserved, Best SaysWhile property-casualty insurers are showing signs of continued improvement to their bottom lines, the industry is still faced with a ...

Will XL Sell Off Financial Guaranty Unit?Unfavorable arbitration ruling draws mixed reaction from analysts, prompts speculationCould XL Capital's well-documented troubles turn out to be ...

N.Y. Won't Hit GreenbergWith Any Criminal ChargesBy Daniel HaysFormer American International Group Chairman and Chief Executive Officer Maurice Greenberg will not face criminal charges ...

Court Decision Makes Rescission DifficultJudge rules that insurer should have asked buyer about discrepancy before suingRescinding policies is never an easy road for professional ...

Asbestos Reform Appears Doomed AgainPolitical bickering, claims of underfunding may kill bill in the current CongressWashingtonDespite efforts in the U.S. Senate to keep the ...