Pulling Together” was the overall theme of the United Kingdom’s Chartered Insurance Institute’s Annual Conference, which concluded Sept. 23 in London. However, the “Three Re’s” took an equally prominent role. Delegates heard a great deal on how to address: The …
Part 2: Spitzer Stresses Enforcement as Key to Fair Competition New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund and insurance industries. Now he is running …
Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price fixing. The insurance brokerage giant said 90 percent …
Michigan joined with over 30 state insurance regulators last month through the National Association of Insurance Commissioners (NAIC), and announced a multi-state regulatory settlement with the nation’s largest insurance broker, Marsh & McLennan Cos. Inc. (Marsh). The settlement agreement is …
Katrina Churns in $34.4B in Losses: Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured property losses, making it the costliest U.S. catastrophe ever, according to preliminary estimates by ISO’s Property Claim Services unit. …
Pulling Together” was the overall theme of the United Kingdom’s Chartered Insurance Institute’s Annual Conference, which concluded Sept. 23 in London. However, the “Three Re’s’ took an equally prominent role. Delegates heard a great deal on how to address: The …
Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do–it is critical to success in an increasingly complex and dynamic marketplace. When I look at where we are these days–investigations …
New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund and insurance industries. Now he is running for governor in New York and is given excellent odds …
Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price fixing. The insurance brokerage giant said 90 percent …
OHIO Hospital Group Sues WC Bureau: The Ohio Hospital Association and a member hospital sued the Ohio Bureau of Workers’ Compensation in September on claims the state did not follow legal processes for a $50 million cut in payments to …
