American International Group CEO and Chairman Edward Liddy was among those scheduled to testify before a House subcomittee March 18 on Capitol Hill. The hearing of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will …
American International Group Financial Products (AIGFP) employees who received retention bonuses in excess of $100,000 have been asked to return half of the bonuses, AIG CEO Edward Liddy told lawmakers on Capitol Hill today. AIG paid the employees up to …
American International Group Inc., which received $180 billion in U.S. taxpayer money, disclosed that up to 400 employees would be receiving as much as $650 million in bonuses. The employees, who are part of the financial products unit, wrote the …
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”) specializes in general liability insurance for licensed residential and commercial general and artisan contractors. NCIC writes the difficult Classes: Roofers, Foundations, Excavators, Fire Sprinklers, Paper GC’s, Custom Home Builders & …
The Arizona House Banking and Insurance Committee is evaluating a bill that would make changes to the state’s mandatory vehicle insurance requirements. According to bill text, in November 1997, Arizona began allowing citizens to use the Internet or telephone to …
Getting into a bar in Utah is about to become a lot easier. Legislative leaders and Gov. Jon Huntsman agreed to eliminate the state’s much-criticized private club system. Utah is the only state in the country that requires someone to …
GAO compared the number of NFIP policies in a given area, as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, and …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …
Portland, Ore.-based Liberty Northwest, a Liberty Mutual Agency Markets regional company, is offering commercial fleets in its five-state territory Onboard Advisor, a fleet management product that is designed to help companies improve fleet safety and save on commercial auto insurance …
The lawmakers are back, at least in most of the Western states, such as Arizona, Colorado, Hawaii, Idaho, Montana, Oregon, Nevada, New Mexico, Utah, Washington and Wyoming. California legislators are back as well, but it appears that they’re present more …
