AIG Recapitalization Deal Closes January 17, 2011 By Ben Berkowitz The recapitalization of bailed-out insurer American International Group Inc. closed last Friday, leaving the government with a 92 percent stake...
AAIS Develops New Form For Insuring Renewable Energy Generating Equipment January 14, 2011 Inland marine insurers now have access to new policy forms designed for insuring property losses to renewable energy generating equipment...
Job Bias Complaints Set Record in 2010 January 14, 2011 By Andrew G. Simpson Workplace discrimination complaints against private sector firms hit an all time high in 2010. The U.S. Equal Employment Opportunity Commission...
House to Vote on Healthcare Repeal Next Week January 14, 2011 By Donna Smith and Thomas Ferraro The U.S. House of Representatives will resume action next week on repealing President Barack Obama’s landmark healthcare overhaul, a House...
Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs January 14, 2011 The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be...
Caution: Distressed Commercial Properties January 14, 2011 By Susan M. Bryan The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming...
P/C Executives See Better Profitability in 2011 January 13, 2011 Leaders of the property/casualty insurance industry believe the worst of the financial crisis is over and that the new year...
Small Businesses in Hiring Mood? It’s Hard to Figure January 13, 2011 By Emily Kaiser U.S. small businesses appear to be on the cusp of a mini hiring revival that may be a bit stronger...
K&K, RLI Partner to Offer Product Liability for Sports, Entertainment Risks January 13, 2011 K&K Insurance announces a new products liability program in partnership with RLI, a specialty insurance company operating in all 50...
JPMorgan, Morgan Stanley Pitch for AIG Share Sale January 13, 2011 By Ben Berkowitz Some of the United States’ top bankers descended on a law firm in midtown Manhattan Thursday to pitch for what...