The G8 summit made scant progress towards a new U.N. climate treaty due to be agreed in December with some nations back-pedaling on promises of new action even before the end of a meeting in Italy. “This hasn’t given me …
American International Group is preparing to pay next week millions of dollars more in bonuses to dozens of corporate executives, a source familiar with the development said. AIG has been talking with Washington’s newly-appointed compensation czar Kenneth Feinberg about the …
Griffin Underwriting Services of Bellevue, Wash., has added James D. Carroll as a property broker. In this new position, he will be responsible for property brokerage production and marketing as well as bringing depth and focus to the Brokerage Department …
Groups representing plaintiffs in car accidents are opposing General Motors’ attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan. U.S. Judge Robert Gerber approved a crucial step of the plan late …
The Wisconsin Office of the Commissioner of Insurance has published a list of administrative actions for June 2009. The regulators noted that in many of these cases the respondent denied the allegations but consented to the action taken. Any fines …
Credit default swaps nearly brought down the world financial system last fall when it was discovered that AIG Financial Products had written hundreds of billions of dollars worth of credit protection without setting aside sufficient reserves. Yet since then, pathetically …
Five people working on Independence Day fireworks shows were killed by explosions, four of them by a single blast that rocked Ocracoke, a remote village on North Carolina’s Outer Banks. The fifth died after an explosion at a fireworks show …
The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …
Los Angeles-based The Farmers Insurance Group of Companies is offering a new eco-friendly product for its Texas customers wishing to ‘go green”. Called “Eco-Rebuild”, the new endorsement will supplement the comapany’s homeowners insurance by allowing customers to replace destroyed property …
Cutter Named to Head the Department Indiana Department of Insurance (DOI) Commissioner Jim Atterholt has been appointed to serve on the Indiana Utility Regulatory Commission (IURC) and former DOI Chief Deputy Commissioner Carol Cutter will now lead the insurance department. …
