May 21, 2008
A U.S. judge who oversaw the trial of executives accused of helping American International Group Inc. inflate reserves said there was sufficient evidence to show the conspiracy started with a phone call from the insurer’s former chief executive, Maurice “Hank” …
May 21, 2008
Australian insurer QBE Group has withdrawn its offer to acquire Insurance Australia Group Limited (IAG), following the decision of IAG’s Board to recommend against accepting the offer. (See IJ web site – https://www.insurancejournal.com/news/international/2008/05/19/90129.htm). IAG’s Board said the offer, which represented …
May 19, 2008
As the need for U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. Contracts for insurers wanting to provide workers’ compensation coverage for the U.S. citizens and foreign …
May 19, 2008
Eight lawsuits have been filed against companies involved with the heating system that malfunctioned at the Redstone Apartments near the University of Vermont in January, 2005, killing one person and sickening others. The lawsuits target as many as 10 companies, …
May 19, 2008
The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, has sued the insurer, claiming it misrepresented its exposure to credit default swaps. The lawsuit, filed in New York State Supreme Court in Manhattan, alleges …
May 19, 2008
As the need for and presence of and U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. As such, the opportunity to service workers’ compensation coverage for U.S. …
May 19, 2008
The Defense Base Act sets forth the benefits due private sector employees injured while working overseas As the need for U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded …
May 19, 2008
As the need for and presence of U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. The opportunity to provide coverage for those who work under U.S. funded …
May 19, 2008
Dealing with wartime issues and associated complications is a major factor in doing business in far-flung hotspots. As the need for and presence of U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors …
May 19, 2008
One of the realities of the agency business is that there is no single accepted formula for remunerating producers. Instead, there are four and a half. They include straight salary, straight commission, draw against commission, and salary plus commission. The …