News

A concern that a so-called "navigator" provision will limit the ability of insurance agents to sell health insurance products will be front and center on the agenda of the industry's lobbyists as the U.S. Senate begins debate Nov. 30.

AIG and its former chief executive Maurice R. "Hank" Greenberg have agreed to settle all outstanding disagreements between the two, ending a bitter battle that ensued after Mr. Greenberg was forced out of the company in 2005.

There are risks and then there are risks. Imagine having to manage a room full of beetles (yes, insects), in a world-class museum filled with artifacts these beetles could make short work of.

Corporations occasionally become parties to lawsuits in which the plaintiffs named the wrong entity as a defendant to the action. In those instances, the wrongly named corporation's insurer still has a duty to defend the action.

With fewer hurdles to face in bringing lawsuits against employee benefit plan fiduciaries than against directors and officers, more victims of Ponzi schemes will file pension liability suits, a legal expert predicted recently.

The Professional Liability Underwriting Society said it has honored Vanderbilt University lecturer Corbette Doyle, a former insurance broker specializing in health care industry placements.