House Votes to Repeal Healthcare Law’s 1099 Reporting Measure March 4, 2011 By Donna Smith and Kim Dixon The U.S. House of Representatives voted Thursday to rescind an unpopular business tax reporting requirement in the year-old healthcare law,...
Judge Stays Healthcare Ruling, Gives White House Appeal Deadline March 4, 2011 By Tom Brown A U.S. judge Thursday put on hold his ruling that President Barack Obama’s healthcare overhaul was unconstitutional, allowing the White...
Aon Promotes Three in Technology Solutions Business March 4, 2011 Insurance broker Aon has promoted three execs within its technology solutions business, Aon eSolutions. Ritza Vaughn has been promoted to...
AIG Names Farber as Deputy CFO March 4, 2011 AIG has named Jeffrey M. Farber as senior vice president, deputy chief financial officer. Farber oversee AIG’s controllership and accounting...
Republicans to Re-launch U.S. Flood Insurance Overhaul March 4, 2011 By Kevin Drawbaugh Draft legislation to overhaul the U.S. National Flood Insurance Program will be unveiled next week, said the Republican chairman of...
Report: Illinois Insurance Regulator McRaith in Line to Head U.S. Insurance Office March 3, 2011 By Kevin Drawbaugh The Obama administration was expected soon to name an Illinois state insurance regulator to head the new Federal Insurance Office,...
Chrysler Recalls Vehicles due to Engine Shutoff Risk March 3, 2011 Chrysler Group LLC recalled more than 248,000 crossover wagon and minivans because of a defect that could allow the key...
Ratings Recap: First Hawaii, Cumberland, Seven Seas, Main Street March 3, 2011 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Best Affirms CNA and Subs Ratings March 3, 2011 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
U.S. Treasury Expects $6.3 Billion from AIG’s MetLife Sale March 3, 2011 By David Lawder and Ransdell Pierson American International Group Inc. sold $9.6 billion worth of MetLife Inc. shares on Wednesday, producing gross proceeds of about $6.3...