U.S.
Ex-AIG CEO Greenberg Wins Delay in NY Fraud Case
Former American International Group Chief Executive Maurice "Hank" Greenberg on Thursday won a short reprieve from New York's case accusing him of orchestrating sham transactions at AIG. State ...
Marsh: Risk-Adjusted Benchmarking Offers Alternative View to D&O Market Rate Changes
Although primary rates for directors and officers liability coverage continue to firm on a traditional rate comparison basis, global broker Marsh says the excess market remains competitive with ...First Global Capital Rules for Insurers Explained
Regulators have mapped out the first global plans to force top insurers to hold enough capital, mirroring a well-established framework for banks. The plans, backed by the G20 group of leading ...
Financial Regulators Discuss Debt Ceiling, Government Shutdown
U.S. financial regulators discussed the federal debt ceiling and the effect of the government shutdown on market monitoring during a phone conversation on Tuesday, a Treasury Department spokesman ...
Apollo, JC Flowers to Bid for Hartford’s Japan Unit: Reuters
Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial Services Group Inc 's Japanese annuity business, three ...
A Win-Win for Government and Insurers: Partnering for Security
Despite the government shutdown, sometimes government gets it right. Recently, government appeared to truly appreciate the benefit of establishing public-private partnerships, including with ...
Top 10 Market Conduct Complaints Against P/C Insurers
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new ...Morrill Joins Ironshore Board of Directors
Ironshore Inc. announced that Michael E. Morrill has been appointed to its board of cirectors, serving as chairman of the Underwriting and Risk Committee. Morrill is the former deputy chairman of ...