New leadership took hold at key state regulatory posts throughout the East. Pennsylvania Commissioner Diane Koken resigned in February after serving for 10 years and three governors to return to the private sector. Her successor turned out to be a …
The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …
Much of the public says they want universal health care. Michael Moore made a movie about it. But no one has quite figured out how to pay for it and despite plans and plans to make plans, don’t look for …
Nearly 11,000 people around the state will continue to receive annual pension and injury payments in the next decade after the New York Liquidation Bureau arranged to cover a projected $2 billion deficit in the funds of a defunct insurance …
New Yorkers know less about which doctors have been investigated for medical malpractice than people in other states do, and the agency responsible for disciplining physicians does little to root out misconduct and malpractice, according to state officials. Public Citizen, …
MMC’s CEO Cherkasky searches for more insurance commissions The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring. Although MMC …
The families of two New York firefighters killed in a blaze in a government-owned skyscraper plan to sue the state and the city for $180 million charging the incompetence of multiple agencies caused their deaths. The estates of Joseph Graffagnino …
The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring. Although MMC posted over $2.8 billion in revenues for the …
Maurice “Hank” Greenberg, the former chief executive officer of American International Group Inc. who remains a big AIG shareholder, believes there are “opportunities to significantly improve AIG’s performance” and he intends to talk with other investors about pursuing them. Greenberg …
N.Y. to issue driving licenses for illegal immigrants New York State officials say a plan to provide driver’s licenses to illegal immigrants with valid foreign passports will enhance security by creating records of their identities. But critics say those records …
