News

In a move that experts saw signaling a new wave of securities litigation, a shareholder class action has been filed against Goldman Sachs Group and three of its executives.

European insurers will be ramping up merger and acquisition activity driven by regulatory action, a search for growth and group restructuring to meet EU competition rules, a rating firm predicted.

Willis launched a public awareness campaign here today at the nation's largest gathering of commercial insurance buyers, aiming to educate risk managers about conflicts of interest inherent in contingent commissions.

The chief executives of four major insurance brokerage firms roundly disputed criticism that contingent commissions are an inherent conflict of interest because total disclosure eliminates the issue.

The May 11 entry deadline is rapidly approaching for National Underwriter's fourth annual "Awards For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compensation Insurance.

The Council of Insurance Brokers of Greater New York said it will join the legal effort to defeat New York's compensation disclosure rule for producers.