Each year the Insurance Information Institute (I.I.I.) invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the current and coming year. The survey reveals that the industry’s effort to recover …
The Independent Insurance Agents & Brokers of America announced that it supports the stated goals and objectives of the National Association of Insurance Commissioners’ (NAIC) compensation disclosure amendment, and hopes for the emergence of a focused proposal that targets only …
Eliot Spitzer George Pataki Colin Powell The race is still some time off, but New York Attorney General Eliot Spitzer (D), who has been on a crusade this year to fight reported bid-rigging in the insurance industry, holds a double-digit …
Insurance giant Aon Corp., whose practices are under review as part of an industrywide investigation by New York Attorney General Eliot Spitzer, said for the first time that some of its employees have violated the company’s business conduct code. Chief …
Cincinnati-based American Financial Group Inc. announced that its property/ casualty insurance subsidiary, the Great American Insurance Co., has received a subpoena from the New York Attorney General Eliot Spitzer’s office requesting information concerning the insurer’s business practices in writing legal …
Crusading New York Attorney General Eliot Spitzer is running for the state’s governorship in 2006, according to an announcement posted at his Web site today. Spitzer, a Democrat who has upended the insurance industry with his allegations of bid rigging …
U.S. insurers will see their 2004 earnings from commercial lines fall as rate increases peak and legal investigations intensify, according to a report published by Standard & Poor’s. The report, titled “U.S. Commercial Lines Year-End 2004 Outlook: Rate Cuts and …
Aon Corp. Chairman and CEO Patrick Ryan is fighting to show his company is free from wrongdoing as New York Attorney General Eliot Spitzer expands his investigation into questionable insurance industry practices. Allegations have not been brought against Aon — …
Senate Panel Wants In, Agents Want Out of Brokerage Scandal At recent Senate hearings in Washington called to follow-up on allegations of bid rigging and hidden compensation by Marsh and other large insurance brokers, public officials debated the politics of …
This year’s annual report on the reinsurance industry is a bit later than usual. It seems that beginning in August the voyage was interrupted by some serious storms, and it was hard to catch up to the boat as it …
