News

U.S. Brokers Confident, Policyholders Wary Over AIG’S Future

American International Group’s (AIG) liquidity crisis hasn’t shaken the faith of U.S. brokers, who expressed confidence in the company’s insurance operations in a …

This Too Shall Pass

The current financial crisis is not unprecedented and will hopefully result in important lessons being learned, according to a panel of experts.
 “This …

AIG Receives US$37.8B Loan

AIG, which received a US$85 billion loan from the Federal Reserve Bank of New York last month to prevent the insurer from collapsing, now …

AIG Rescue Necessary: Insurance Chief

Policy-makers had no choice but to rescue global insurance giant American International Group Inc. (AIG), New York insurance chief Eric Dinallo told the …

Recovery Plan Readies Homeowners for a Crisis

A disaster planning company is touting a program to enlist homeowners and small businesses with preparedness plans in the event of a crisis. …

Canadian Homeowners Likely Happier With Insurers

U.S. homeowners are disenchanted with their insurance providers but happier with their auto insurers, concludes an annual study by J.D. Power and Associates.  …

Program To Promote Smart, Savvy Road Habits

Imagine if drivers could save money, protect the environment and actually make smarter decisions on the road.
That’s the idea behind an Insurance …

Demand For ‘Side A’ Policies Surges

The current mergers and acquisitions environment is making errors and omissions claims for officers and directors more complex. The ongoing subprime crisis and …

Kingsway Wraps Up Sale Of York

It’s a done deal: Kingsway Financial Services Inc. has closed its previously announced sale of York Fire & Casualty Insurance Company for C$95 …

Lawyer Gives Prognosis For Risk Management Diligence

Canadian risk managers do practice what they preach—to a point. An informal poll of risk managers at last week’s RIMS Canada conference revealed …

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