Barry Miller figured he was saving $100 a month when he scaled back his disability insurance. After all, he was healthy. “It just looked like the policy was too expensive,” said Miller, who was paying for his own disability insurance …
House lawmakers are divided about how to supervise the insurance industry as Congress reviews the Obama administration’s blueprint for a broad overhaul of the nation’s financial rule book. Rep. Paul Kanjorski, D-Pa., chairman of a House Financial Services subcommittee, said …
The former head of ailing U.S. insurance giant AIG told a court Wednesday that he had a private jet fly a large block of the company’s stock to Bermuda from New York to prevent AIG from seizing it. “It was …
French investigators said Wednesday more than 400 pieces of Flight 447 have been recovered in a painstaking search in the Atlantic but no conclusions have yet been reached in the probe. “If we had concluded or excluded something, we would …
Bailed out U.S. insurer American International Group has chosen Deutsche Bank and Morgan Stanley as its joint global coordinators for a more than $4 billion IPO of its Asian life insurance unit, sources said on Thursday. The American International Assurance …
SBJ Global Risks Limited, the Lloyd’s and international insurance broker, has appointed Steve Ford and Simon Laycock as a new Binding Authority team. They join from SBJ from Aon/Benfield. Both men have over 20 years experience in the London insurance …
Marsh has appointed Neil Irwin to lead the firm’s new client development across Europe, the Middle East and Africa (EMEA). He will be based in London, and will report to Chris Lay, Managing Director, Client Development and Head of Middle …
After Florida limited the fees paid to attorneys in workers’ compensation in 2003, attorney involvement in cases fell only slightly, according to new research. A significant proportion of Florida workers injured at work were able to hire attorneys to represent …
Retired U.S. Supreme Court Justice Sandra Day O’Connor will serve as honorary chair of a new study of West Virginia’s judiciary commissioned by Gov. Joe Manchin, the governor announced. Manchin named O’Connor along with the nine voting members of his …
Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers. The bill (SB 2252) also defines when a claim exists and sets forth a …
