U.S. Treasury Could See $15 Billion Profit from AIG Bailout: GAO May 8, 2012 U.S. taxpayers could see a profit from the 2008 bailout of American International Group Inc. (AIG), according to a Congressional...
CRC, Crump, R-T Specialty Reach Confidential Settlement Agreement May 7, 2012 By Andrea Wells On May 4, 2012, CRC Insurance Services Inc., Crump Insurance Services Inc., and R-T Specialty LLC jointly announced that the...
Job Disability Rolls Rise During Recession May 7, 2012 By Antonella Ciancio Monica Soltes was excited 10 years ago to leave Merrill Lynch and start her own business as an independent financial...
Buffett Plays Down Health Issue, Responds to Analysts May 7, 2012 By Ben Berkowitz Warren Buffett tried to allay fears of Berkshire Hathaway Inc shareholders about the company’s future after he was diagnosed with...
Berkshire Hathaway Doubles Profit on Lower Catastrophe Losses May 7, 2012 Berkshire Hathaway said it generated $3.245 billion in net income overall, up from last year’s net income of $1.511 billion...
Treasury to Sell More AIG Shares for $5 Billion May 7, 2012 The U.S. Treasury has agreed to cut its ownership stake in American International Group Inc. to 63 percent by selling...
ACE Adds Preferred Securities Panel Option to D&O Policies May 7, 2012 ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with...
General Star Upgrades XS Follow Form Liability Coverage May 4, 2012 General Star Management Co. has rolled out its revamped XS Follow Form Liability policy. Underwritten by General Star’s Contract P&C...
Protective Specialty Launches Allied Health Medical Professional Liability Product May 4, 2012 Protective Specialty Insurance Co. will now offer an allied health medical professional liability product. It is designed for both entities...
AIG Q1 Profit More Than Doubles to $3.21 Billion May 4, 2012 By Young Ha American International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30...