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Daily NewsFlash : January 12, 2010


Daily NewsFlash Wizard
1/12/2010

Analysts Want Clearer Insurance Financial Reporting

Lack of quality, consistency and transparency in financial reporting has the potential to hurt many insurance companies by creating uncertainty about their financial condition and business drivers, ...

US House Committee to Grill Geithner About Nondisclosure Guidance to AIG

U.S. Treasury Secretary Tim Geithner will be questioned soon before the House's Oversight and Government Reform Committee in a hearing focused on instructions allegedly given to American ...

Ernst & Young: Life Insurers Face Critical Challenges

The US life insurance industry will likely face an extended period of weak earnings, slow growth and greater regulatory oversight as the economy slowly recovers from the financial crisis, according ...

Zurich Continues to Streamline the Corporate Structure of Its General Insurance Business in the EU

Zurich Financial Services Group (Zurich) today announced the transfer of the vast majority of its general insurance portfolios in Italy, Portugal and Spain to local branches of its EU-based risk ...

CAIF Says More Insurance Agents Engaging in Fraud

The number of insurance agents involved in suspected frauds has risen since the recession took hold, a new survey found. Meanwhile, funds devoted to investigating and prosecuting all insurance ...

Scott Hudson New CEO/President at Gallagher Bassett

Arthur J. Gallagher & Co. announced on Monday that Scott R. Hudson has been named as president and CEO of Gallagher Basset, succeeding Richard J. McKenna, who retired in July.

Most ...

AIG Details May Remain Sealed Until 2018

It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group (AIG) because of an action taken last year by the Securities and ...





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