September 22, 2008
Whistleblower Retaliation “He was only looking out for the interest of his employees of the state treasurer’s office. … He refused to do something that was illegal.” —Kathleen Neary in Lancaster County District Court comments on a controversial case of …
September 22, 2008
Telecommuting is growing at a rate of 15 percent annually, and with good reason. As telecommunications technology develops and the economy becomes increasingly more digital, telecommuting makes sense because it leads to increased production, decreased sick leave, decreased turnover, reduced …
September 22, 2008
Insurance executives expect sub-prime and other credit issues to continue to have a negative impact on the industry’s financial performance in 2009, and they see credit and pricing risks as posing the most significant challenges over the next three to …
September 22, 2008
Make Your Next Agency Brochure a Portal to Your Web Site Since the advent of the commercial Web site, agency brochures just aren’t as important as they used to be. Yet, they are still essential business tools. A good brochure …
September 22, 2008
The Coalition for Competitive Insurance Rates, which groups a number of organizations that oppose to the latest attempt to amend U.S. tax laws on foreign insurers, has issued a bulletin outlining the reasons why they oppose recently introduced legislation. They …
September 22, 2008
Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that destroyed their rivals as Wall Street braced for a week of political wrangling over a proposed $700 billion bailout for troubled banks. Morgan …
September 19, 2008
Midwestern reaction to the bail out of insurance giant American International Group (AIG) varies by regions and officials. In Chicago Mayor Richard Daley is not happy about the Federal Reserve Bank’s decision to provide an $85 million bailout of insurance …
September 18, 2008
American International Group Inc. may not sell assets for as much as it would like, as it scrambles to meet terms of its U.S. government bailout. The giant insurer narrowly avoided bankruptcy late Tuesday after the U.S. Federal Reserve agreed …
September 18, 2008
California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed papers with the secretary of state’s office to form an …
September 18, 2008
National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Sandy Praeger today issued the following statement regarding American International Group (AIG): In times of crisis, the first questions on everyone’s mind are often: Who’s to blame? What went …