Bottom Line: Gulf Oil Spill Isn’t an Environmental Disaster April 19, 2015 By Paul Barrett In early March a 30,000-pound mat of oily gunk washed up on East Grand Terre, a barrier island in the...
Independent Agents Identify Business Opportunities for Carriers: Survey April 17, 2015 Most independent insurance agents are impressed by the carriers they place business with – but most also are interested in...
Obama, Insurers Welcome Bipartisan Trade Authority Measure April 17, 2015 By Andrew G. Simpson The White House would get its desired clarity of authority to negotiate a Pacific trade agreement while lawmakers would get...
WikiLeaks Publishes Stolen Sony Emails, Documents April 16, 2015 By Anousha Sakoui WikiLeaks published more than 200,000 internal Sony Pictures Entertainment documents and e-mails, opening a new chapter in the hacking saga...
EEOC Issues Rules for Employee Wellness Program Incentives April 16, 2015 By Alex Wayne U.S. employers can reward workers with as much 30 percent of the cost of their health insurance benefits in return...
Former Northwest Airlines CEO Steenland Named AIG Chairman April 16, 2015 By Sonali Basak American International Group Inc. named Douglas M. Steenland as the insurer’s seventh chairman since 2005, replacing Steve Miller who oversaw...
Greenberg Denied Bid to Dismiss New York AG Fraud Suit April 16, 2015 By Jonathan Stempel and Karen Freifeld A New York state appeals court rejected former American International Group Inc. Chairman Maurice “Hank” Greenberg’s bid to dismiss a...
Target to Pay MasterCard Banks $19M to Settle Data Breach Claim April 16, 2015 Target Corp. said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that...
It’s Insurance Buyers’ Market Now But Risk Challenges Ahead: Willis April 16, 2015 Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face...
AIG Invests in Cybersecurity, Investigations Firm, K2 Intelligence April 16, 2015 American International Group Inc. as acquired a minority stake in K2 Intelligence, an corporate investigations firm. The companies said they...