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Daily NewsFlash : March 05, 2010


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3/5/2010

White House Confronts Insurers on Premiums

The government's top health official summoned health-insurance chief executives to the White House Thursday and told them they need to disclose more data justifying sharp premium ...

Report: AIG Nears $15-Billion Deal with MetLife

A lingering tax issue may soon be resolved, paving the way for American International Group, Inc. (AIG) to sell its foreign life insurance unit to MetLife for $15 billion.

The deal, ...

AIG Units Settle Discrimination Case

The Justice Department announced a $6.1 million settlement Thursday with two subsidiaries of American International Group Inc. after allegations that they discriminated against African-American ...

U.S. Jobless Rate Steady at 9.7%

U.S. nonfarm payrolls declined for the 25th time in the past 26 months, falling by 36,000 in February to a seasonally adjusted 129.5 million, the Labor Department estimated ...

Transcript Reveals Anger of AIG Employees Toward Politicians, Public

During the national furor that erupted last year after American International Group paid more than $165 million in bonuses, the voices of those vilified for receiving the payments remained silent, ...

Aon Benfield Report: Chilean Earthquake, Windstorm Xynthia and U.S. Winter Storms to Cost Reinsurers Billions

Aon Benfield, the world's premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an analysis of worldwide ...

FDA Recalls Some Foods with Flavor Enhancer

Federal health authorities announced Thursday the recall of a commonly used flavor enhancer after samples of the product were found to contain salmonella.

"I would say it's likely to ...

More AIG News: Insurer Will Sell Remaining 14% Stake in Transatlantic

American International Group Inc. (AIG) plans to sell its remaining 14% stake in casualty reinsurer Transatlantic Holdings Inc. held by its American Home Assurance Co. ...

Marsh Names Three Execs to Senior Leadership Team As Expansion is Underway

As it continues to build a national business, Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., announced on Thursday it has appointed three executives to its senior ...





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