AIG senior reinsurance executive Charles Dangelo has left the insurer to join a company run by its former CEO Maurice “Hank” Greenberg. Dangelo joins the growing number of executives who have left American International Group Inc. since the insurer was …
With the prospect of another season of spring flooding fast approaching, the Army Corps of Engineers insists the earthen flood levees outmatched by the Mississippi River last summer are rebuilt and ready. Not everyone’s so sure. It was nearly nine …
European Union plans to beef up financial supervision may be replicated globally, though much will hinge on how the United States responds, a top official from the bloc’s executive arm said on Monday. A high-level committee headed by a former …
A survey, conducted by Legal Business magazine and Marsh, concludes that the economic downturn has produced new risks for Britain’s leading law firms. Four-fifths of respondents believe that the recession had increased the risks facing their firm in the past …
One of the largest ever interdisciplinary conferences on climate change will kick-off today in Copenhagen, Denmark. A bulletin from the University of Copenhagen notes that “more than 2,000 participants from around 80 countries” will be attending. The Congress is the …
The Ultimate Producer School™, provided by Agency Management Resource Group (AMRG) is offering its next school starting March 30th in Sacramento, California. The school combines technical coverage information, emphasizing commercial insurance, with extensive sales training and business development planning. It …
Last week, Michigan Insurance Commissioner Ken Ross met with Japanese officials to discuss how the agency regulates automobile insurance in Michigan. The Michigan officials met with Kunio Nakajima, director of Government Compensation Office, Accidents Compensation Division, Road Transport Bureau and …
For decades, U.S. journalists have been guided by what most considered an absolute defense to libel lawsuits: If a news report is true, it can’t be libelous. But a recent decision by a federal appeals court in Boston is calling …
The U.S. Census Bureau reported that by mid-century, the nation will be far more racially and ethnically diverse than it is today. Minorities currently represent about one-third of the U.S. population and are expected to become the majority in 2042. …
Agents Beware of Coverage Differences in Personal Umbrella Policies A condominium board is involved in a lawsuit that results in a board member being sued. A neighbor’s child is playing in the backyard, falls off a swing and sustains injuries. …
