Morgan Stanley Says AIG May Sue Over Mortgage Investments November 5, 2013 By Michael J.Moore Morgan Stanley, the sixth-largest U.S. bank by assets, said it may be sued by American International Group Inc. over mortgage-backed...
Integro Canada Acquires Specialty Film Broker Multimedia Risk November 5, 2013 Integro (Canada) Ltd. announced its acquisition of Winnipeg-based Multimedia Risk Inc., an insurance brokerage, which specializes in serving the national...
Aon Risk Solutions and XL Bermuda Develop New Health Care Product November 5, 2013 Aon Risk Solutions, the global risk management business of Aon plc, and XL Group’s Bermuda Insurance Operations, XL Insurance (Bermuda)...
AXA ART Names Teixeira Country Manager for Brazil November 5, 2013 AXA ART Americas Corporation announced the appointment of Roberto Emilio Teixeira as Country Manager for its Brazilian activities. He “will...
Willis Unit Places $300 Million Cat Bond for Catlin November 5, 2013 Willis Capital Markets & Advisory (WCMA), the capital markets and advisory business of Willis Group Holdings, the global risk advisor,...
Mayes Joins ANV to Lead New Technology E&O and Intangible Risk Team November 5, 2013 Netherlands-based ANV Holdings BV announced that Phil Mayes will lead its new Technology E&O and Intangible Risk Underwriting team. He...
Review of Zurich Finance Chief’s Suicide Clears Ackermann November 5, 2013 By Alice Baghdjian and Paul Arnold Zurich Insurance finance chief Pierre Wauthier did not come under “undue pressure” before his suicide, the firm said on Monday,...
A Wary Supreme Court Allows Facebook’s $9.5M Privacy Settlement November 5, 2013 By Lawrence Hurley The U.S. Supreme Court on Monday let stand Facebook Inc.’s $9.5 million class action settlement over allegations the social networking...
Travelers Cancels ExlService Outsourcing Contract, Citing Confidentiality Breach November 5, 2013 Travelers Cos., the property insurer in the Dow Jones Industrial Average, ended a contract with ExlService Holdings Inc. after the...
Gala, Insurance Industry Raise $2 Million for City of Hope November 4, 2013 By Don Jergler The National Insurance Industry Council raised more than $2 million this year in the ongoing battle to cure cancer and...