‘Hungry’ Insurers Continued to Cut Commercial Prices in Q1: CIAB April 23, 2015 Insurance brokers report that the commercial property/casualty market continued to soften in the first quarter of 2015, with large accounts...
Judge Challenges Legality of U.S. Taking Over AIG During Bailout April 23, 2015 By Andrew Zajac The judge weighing a $25 billion investor lawsuit over the 2008 bailout of American International Group Inc. challenged U.S. arguments...
House Expected to Pass Cyber Threat Sharing Bill Today April 22, 2015 By Patricia Zengerle The U.S. House of Representatives is expected to consider, and pass, on Wednesday a long-awaited bill that would make it...
The Hartford Names Bromage as Chief Marketing Officer April 22, 2015 The Hartford has named Kathy Bromage as chief marketing and communications officer. Bromage joined The Hartford in 2004 as chief...
5 Years After Gulf Oil Spill: Is Drilling Engineering Outpacing Safety Again? April 22, 2015 By Cain Burdeau Five years after the worst U.S. offshore oil spill, the industry is working on drilling even further into the risky...
Greenberg May Have Advantage with Judge Deciding AIG Bailout Challenge April 22, 2015 By Andrew Zajac Former American International Group Inc. Chairman Maurice “Hank” Greenberg claims the U.S. bailout of the company cheated shareholders out of...
Public Corruption Probe Targets Trinity Guardrails, Federal Highway Agency: Sources April 21, 2015 By Patrick G. Lee The U.S. Justice Department is conducting a criminal investigation into the use of a highway guardrail system linked to at...
Compare.com CEO’s Vision for the Future – Right or Wrong April 21, 2015 By Don Jergler As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be...
Judge to Hear Closing Arguments in Greenberg’s Case Against AIG Bailout April 21, 2015 Closing arguments are scheduled for Wednesday in the U.S Court of Federal Claims in Washington, D.C. in a lawsuit challenging...
Low Interest Rates ‘Destroying’ Insurance Companies: BlackRock April 21, 2015 By Colin Keatinge Low interest rate policies by central banks around the world are threatening insurance companies and pension funds, said Laurence D....