News
Benmosche $6M Bonus is 50% Above Target
Robert Benmosche, the chief executive officer of American International Group Inc., received a $6 million cash bonus for 2013, 50 percent more than his target amount. Benmosche, 69, also received a ...
Cyber Warfare Escalating Says NSA Nominee Rogers
Navy Vice Admiral Michael Rogers, nominated by President Barack Obama to be the next director of the National Security Agency, told lawmakers that cyber warfare is on the rise. Rogers said Ukraine is ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Alternative Capital Softening P/C Re Market: Towers Watson CFO Survey
A new survey from Towers Watson confirms that more than half (55 percent) of property/casualty insurance chief financial officers believe the property reinsurance market is softer than the primary ...
Emerging Economies Holding Back Global Recovery: OECD
The recovery in developed economies is on track, although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the Organisation for Economic ...
Workers Comp Needs to Catch Up With Health Care Changes: Economist Gruber
Workers compensation must align itself with the rest of the changing health care system to avoid increased cost-shifting by workers and medical providers, according to an economist involved in the ...
Industry Alliance Formed Promoting Value on High Net Worth Specialists
The Private Risk Management Association (PRMA) on Tuesday announced its formation as a nonprofit, independent, member-owned organization committed to supporting the specialist high net worth ...
Feds Will Play a Role in U.S. Insurance Regulation, FIO’s McRaith Says
While Treasury's Federal Insurance Office is promoting a hybrid landscape of state and federal insurance regulation, discussion in insurance regulatory circles still centers on preemption of state ...
Consumer Group Offers Fix for Uninsured Motorist Problem
Most uninsured motorists in the U.S. are responsible, safe drivers who simply cannot afford to purchase liability coverage with their income but who still need to drive for their work, according to a ...