WikiLeaks Cables Show China Regulator Intervened as AIG Crumbled March 11, 2011 By Ben Berkowitz U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s...
Insurers’ Share Prices Fall on Japan Earthquake News March 11, 2011 By Simon Jessop Shares in European insurers and reinsurers fell sharply in early trading on Friday after Japan was hit by a massive...
Guy Carpenter Selected as New CCRIF Placing Broker March 11, 2011 The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has announced the appointment of Guy Carpenter & Company, LLC as the new...
UPDATE-2 Huge Quake Triggered Tsunami Kills 100’s in Japan; Pacific on Alert March 11, 2011 By Chisa Fujioka and Elaine Lies The biggest earthquake on record to hit Japan rocked its northeast coast on Friday, triggering a 10-meter |33 foot] tsunami...
LimeWire Wins Limit on Damages to Record Companies March 10, 2011 By Jonathan Stempel A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for...
AIG Offers U.S. Government a $15.7 Billion Buyback March 10, 2011 By Ben Berkowitz American International Group offered Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. government took off the...
California to Extend Low-Cost Auto Program to Same Sex Spouses March 10, 2011 California Insurance Commissioner Dave Jones has filed regulations to add the category of “spouse” to the application form for the...
Calif. State Fund Investigation Closed March 10, 2011 The Joint Task Force comprised of the California Highway Patrol (CHP), the California Department of Insurance (CDI) and San Francisco...
West Virginia’s BrickStreet Won’t Insure Firefighters, State Agencies March 10, 2011 By Lawrence Messina The company created by West Virginia to provide workers’ compensation insurance no longer wants to cover state agencies, prompting lawmakers...
Texas Workers’ Comp Enforcements for February Include $40K in Fines March 10, 2011 Texas Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division...