Government News

Australia’s AMP May Shed GIO

After fighting hard to acquire it, AMP, Australia’s largest life insurer and fund manager, may be seeking to divest itself...

Moody’s Issues Report On Bermuda

Moody’s Investors Service has issued its annual report on on Bermuda, reaffirming its “Aa1 rating for foreign currency country ceiling...

Colorado Fines Five Insurers/Firms

The Colorado Division of Insurance is fining Aetna U.S. Healthcare Inc., Cigna Healthcare of Colorado Inc. and three other insurance...

BUDGET GETS TWO THUMBS UP

The National Association of Insurance Commissioners’ (NAIC) Internal Administration Subcommittee approved the association’s budget for 2001 following a public hearing...