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Wednesday, April 25, 2012
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American International Group Inc. (AIG) sued Steven Udvar-Házy, co-founder and former chief executive of its aircraft-leasing business, accusing the industry veteran of stealing trade secrets and other confidential information for a rival company he now runs.
AIG and its Internationa...
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Health insurer Aetna has branched out to start selling individual insurance plans to members of the wholesale club operator Costco in nine states.
The Hartford, Conn., insurer said Tuesda...
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America's military troops who are surviving the hazards of foreign battlefields are returning only to find new risks on domestic roadways. According to a just-released study by USAA, troops coming off deployment had 13% more at-fault auto accidents compared to thei...
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Insurance company ACE Ltd. said Tuesday that its profit jumped nearly fourfold in the first quarter, aided by lower-than-expected catastrophe losses, higher net premiums written and hefty one-tim...
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Governor Rick Scott of Florida signed into law a measure allowing the formation of captive insurance companies in the Sunshine State. The new Florida captive law takes effect July 1.
H.B. 1101 allows the formation of single-parent captives, special-purpose captives, industrial insurance cap...
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W.R. Berkley Corp.’s net income rose 17.1% to $135.3 million during the first quarter of this year compared with the same period last year, the company announced Monday.
Total reve...
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Lockton will open two new offices in Australia, establishing a new insurance brokerage, Lockton Australia Pty Ltd, with locations in Perth and Sydney. Lockton is the world's largest privately held ...
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Aon Risk Solutions, the global risk management business of Aon plc, urges companies to ensure threats to business continuity are considered as 37 countries were downgraded in the Aon 2012 Terrorism...
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