News
Understanding S&P’s New Insurance Rating Criteria: Rodney Clark Q&A
Late last month—in advance of the May 7, 2013 publication of a new rating methodology for insurers by Standard & Poor's—S&P Managing Director Rodney Clark gave Carrier Management a ...Starr Gets Philippine General Insurance License
Starr International Insurance (Asia) Limited has received approval from the Philippine Insurance Commission to establish a branch office to provide general insurance. Starr's Philippine operation ...
The answer to an underwriting or claims question may already be in the file. Getting to it can mean opening...
As in Greenberg Case, New York May Drop Claims Against BofA Over Merrill
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over ...
London Courts Popular Destination for ‘Legal Tourists’
Foreigners brought almost two-thirds of all lawsuits heard in London's leading commercial court over the last five years, according to a new survey, cementing the city's reputation as the venue of ...Global Cyber Bank Theft Raises Security, Insurance Questions
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 ...
GM’s Internet Connected Car: Brought to You By Allstate?
Dan Akerson is pushing General Motors Co. to build cars that the U.S. automaker's top executive hopes will attract a target demographic: his grandkids. "I have grandchildren that have only grown up ...
Warning: Online Background Checks May Violate Fair Credit Law
Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act. The Federal Trade Commission sent ...
New Jersey Gov. Christie Signs Single-Page Homeowners Summary Bill
New Jersey Gov. Chris Christie has signed into law a bill that aims to help homeowners better understand their insurance policies. The legislation (A3642/S2502) requires homeowners' insurers to give ...