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1 through 20 of 21 matching documents, best matches first. Sort by date

Chinese Drywall Case Moves Forward, Could Test Pollution Exclusion
This is not environmental contamination. Insurers fear that the judge will reach an adverse decision on their central defense, the pollution exclusion." In the latest round of ...
Source: BestWire Date: February 22, 2011
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Insured Losses Will Likely Hinge on Duration of Unrest in Egypt
President Hosni Mubarak's government will last. Joanna Gorska, an insurance specialist with the global risk analysis team at Control Risks Group, a London-based risk consultancy, ...
Source: BestWire Date: February 7, 2011
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The AIG Effect: Farmers Views Three Platforms as a Single Path to Success
Century auto policy in place. This distribution channel generated 25% of the company's $3.6 billion in 2008 direct premium written. When AIG off-loaded 21st Century, it had stated ...
Source: BestWire Date: September 8, 2009
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Broker Marsh, AIG and Two Other Insurers in Ohio Bid-Rigging Suit
Ohio suit are American International Group Inc., Ace Ltd., Chubb Corp., and Hartford Financial Services Group. Most recently, Hartford reached an agreement with regulators in New ...
Source: BestWire Date: August 28, 2007
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Chubb Agrees To $17 Million Settlement, Ban on Contingent Commissions
United States beginning in 2007. Connecticut Attorney General Richard Blumenthal, who teamed with counterparts in New York and Illinois in the investigations, said in a statement ...
Source: BestWire Date: December 21, 2006
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Four Major P/C Insurers Told to Halt Contingent Commissions in 2007
York notified ACE Ltd., American International Group Inc., St. Paul Travelers Cos., and Zurich Holding Company of America that they must stop paying the contingent commissions ...
Source: BestWire Date: December 1, 2006
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Australia, U.K. Ban Former Cologne Re Executive Over Finite Reinsurance Cases
General Reinsurance Corp.'s General Cologne Re unit in Dublin, Ireland, was involved in several finite reinsurance transactions the regulators of the two countries found to be ...
Source: BestWire Date: July 21, 2006
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Capacity And Rates for Terrorism, Political Risk Coverage Remain Stable
Venezuela and Nigeria to name a few," he said. Also in the global terrorism insurance market, rates for both stand-alone terrorism coverage and that offered under the Terrorism ...
Source: BestWire Date: March 31, 2006
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Brokers Seek to Soothe Suspicious Risk Managers Over Transparency
Forum of the Federation of European Risk Management Associations. "I hope the storm does not pass," said Bruce Carnegie-Brown, president and chief executive officer of the Europe ...
Source: BestWire Date: October 6, 2005
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With Greenberg's Departure, Industry Insiders Wonder What's Next for AIG
The problems that forced the ouster of Maurice R. "Hank" Greenberg from the top post at the world's largest insurer, and what his departure means for AIG's future, are the ...
Source: BestWire Date: March 21, 2005
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Perspectives: Catastrophes Ruled 2004; This Year, Finite Re May Be the Industry Scourge
Among them, a probe by the U.S. Justice Department into whether Berkshire Hathaway's General Reinsurance Corp. used reinsurance arrangements to disguise loans for Reciprocal of ...
Source: BestWire Date: March 7, 2005
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Aon Agrees to $190 Million Settlement in Brokerage Probe
... Greenberg as chairman and CEO. Spitzer's investigation into insurance brokerage practices, which he said is ongoing in cooperation with the state insurance department, so far ...
Source: BestWire Date: March 4, 2005
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Spitzer Nets Guilty Pleas From Two Zurich Underwriters in Brokerage Probe
Edward Coughlin -- are senior underwriters with Zurich American. Each pleaded guilty to one misdemeanor count of violating New York's Donnelly Act, which prohibits agreements in ...
Source: BestWire Date: November 17, 2004
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Florida Attorney General Joins Regulator in Launching Insurance Broker Probe
New York state Attorney General Eliot Spitzer. Noting that the rigging of insurance bids alleged in Spitzer's suit would be in violation of Chapter 542 of Florida statutory law on ...
Source: BestWire Date: November 9, 2004
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ING Gets Subpoena in Spitzer Probe
...Our understanding is that Mr. Spitzer is conducting a very broad investigation," she said. "There has been no indication of concerns about our businesses. We are, of course, ...
Source: BestWire Date: October 20, 2004
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Expansion in the EU: Estonia Lets Foreigners Lead in Its Insurance Market
The nation of about 1.4 million people is served by six nonlife insurers and five life companies, of which six and three respectively have direct foreign capital. At the same time, ...
Source: BestWire Date: May 6, 2004
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Perspectives: TRIA, Asbestos, Cycles...Uncertainty Looms for Reinsurance Industry
General Reinsurance Corp., and Swiss Reinsurance America Corp., all of whom say they--along with industry trade groups--have serious doubts about the trust fund approach to solving ...
Source: BestWire Date: April 26, 2004
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Greenberg, Schiro Make Pleas for Pricing Discipline
Zurich Financial Services Group, each talked about holding steady. "We absolutely need to hold the line on pricing and not give in to excessive competition," Greenberg said. While ...
Source: BestWire Date: November 24, 2003
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Zurich Sells Stake in Sri Lanka Insurer
The indirect share of Eagle Insurance Co. Ltd. was sold to Capital Development & Investment Co. Ltd., which is controlled by the National Development Bank of Sri Lanka, with a ...
Source: BestWire Date: July 3, 2003
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Zurich May Unload Some Operations in Japan
Zurich Financial Services Inc. may unload some of its insurance operations in Japan, as part of a long-term strategy to exit noncore or less profitable markets. Japan's Asahi ...
Source: BestWire Date: June 24, 2003
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