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AIG Says Whistleblower Suit Alleging Unlicensed Life Ins. Sales Without Merit
American International Group Inc. defrauded the U.S. by failing to disclose it was selling insurance without a license during negotiations with the government over a bailout in the financial crisis, ...Understanding Coface’s Ratings
Credit insurer Coface analyzes the risk of default on short-term trading transactions for companies operating in 160 different countries. These Country Risk assessments result in ratings on a ...
XL Group Hopes Online Video Reduces Workplace Injuries
XL Group said it is unveiling a new tool for its North American construction clients designed to help improve safety in the workplace. Dubbed Risk Resource, the online video series gives a variety of ...
Aspen U.S. Appoints Chief Casualty Officer
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Ltd., has appointed Roxanne Mitchell as executive vice president and chief casualty officer. She will report to Bob ...
Key Leadership Additions Announced at CoverXSpecialty
CoverXSpecialty, a member of the Crum & Forster Enterprise specializing in coverage for business with unique risks, has announced three key appointments to its leadership team. • Sam Anderson ...
Tower, ACP Re Amend Merger Deal
On Thursday, Tower Group International, Ltd. ("Tower") and ACP Re, Ltd. ("ACP Re") announced that they have amended their Jan. 3, 2014 merger agreement, reducing the per-share consideration and ...Cyber-Security Software Boom Boosts Symantec’s Prospects
Symantec Corp. is benefiting as hacking attacks fuel higher demand for cyber-security software, while cost cuts are bolstering profits. The biggest maker of antivirus tools issued a revenue forecast ...
Aspen U.S. Appoints Windsor SVP of Energy and Construction
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Ltd., has appointed Gary Windsor as senior vice president of Energy and Construction. Windsor will be responsible for ...