News

Chicago-based insurance broker Aon Corp. said its Aon Global Risk Consulting division has promoted Mike Giacobbe and Laura Taylor to two newly created leadership positions.

The Senate overcame a procedural roadblock early today that sets the stage for passage on Saturday of legislation containing a provision reauthorizing the National Flood Insurance Program until Feb. 28.

There will be no language repealing the antitrust exemption afforded health and medical malpractice insurers in the Senate health care legislation, an aide to its chief Senate sponsor confirmed today.

A group of college students has won an award for an anti insurance fraud video posted on YouTube, the New York Alliance Against Insurance Fraud (NYAAIF) said.

PineBridge Investments, the renamed American International Group unit, has delayed its $500 million sale to Pacific Century Group for a month to provide more information to clients, a spokesman said.

Procedural roadblocks thrown up by Republicans to stop action on health care legislation in the Senate are putting the National Flood Insurance Program in jeopardy.