American International Group, Inc. (AIG) announced today that Chairman and Chief Executive Officer Edward M. Liddy intends to step down once the board finds replacements for him. Liddy has recommended that the chairman and CEO roles be separated and, according …
San Diego – (May 20, 2009) – Acquiring new customers, reducing costs, finding new ways to do business, are all increasingly important in today’s economy and are the reason for the success of the Exchange Conferences hosted by Insurance Journal’s …
The Obama administration is studying a long-discussed proposal to create a U.S. agency that would protect consumers who buy financial products, possibly as part of a major package of reforms, congressional aides said on Tuesday. The proposal, offered as legislation …
A first-ever Young Agents Community Service Project, which benefits St. Peter – St. Joseph Children’s Home, kicks off the Independent Insurance Agents of Texas (IIAT) 112th Annual Conference & Trade Show on June 3. A reception hosted by IIAT Young …
The insurance industry plays a significant role in California’s economy, employing hundreds of thousands of workers, investing billions of dollars in state and local governments and paying the fourth largest amount in taxes to the state’s General Fund, according to …
While President Obama may believe the stars are aligned for major health reform this year it is far from certain whether Congress will pass a bill that works. The groups that are most likely to unravel this effort are not …
Bank of America Corp. is telling fired employees that they cannot accept job offers from competitors for three months unless they give up either deferred compensation or their right to sue the bank, according to documents reviewed by employment lawyers. …
At the annual conference of the Association of Managing General Agencies (AAMGA) now underway in Boca Raton, Florida, attendees are very much attuned to what’s going on up north in Washington, D.C. What do AAMGA members think about what’s going …
The current economic environment has produced several influences that in combination are negatively affecting, or at least stressing, property casualty insurance carriers in unique ways, according to one experienced industry analyst. Investments in financial services providers, such as banks, Fannie …
With layoffs, downsizing and stressed-out employees, it is more important than ever for employers to fully grasp the legal aspects of hiring, managing and terminating workers. Hiring new employees is an important step for any company, but the work does …
