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AIG, Benmosche and the Vindication of Hank Greenberg

In the view of many, the problem with AIG until recently was that it was driven by imperious personality. That problem was solved by the forced departure of Hank Greenberg by now-discredited ex-New York Attorney General Eliot Spitzer. However, with the arrival of Bob Benmosche as CEO, big personality is back.

Michael Jackson Concert Cancellation - Insurance Protection

Promoters of concerts take on great risks.  Many performing stars are temperamental, have addictions and are sick often, thus having concerts canceled since the star can not perform. These risks along with other risks as rented stage or venue facing a peril, performer just decides not to perform, security issues where authorities close down the [...]

Honor Roll: This Week’s Top Insurance Blogs (June 28-July 4)

Our favorite insurance technology-related blog posts from around the Web (June 28-July 4, 2009):

New York State and Insurance Regulation

Introduction:
Recently, there is much talk in the news about regulating the insurance industry at the federal level. This recent activity has been sparked by the current credit card account defaults, bank closures and financial institution failures. The AIG situation and this past fall financial melt-down has also pushed the consideration for federal regulation. Although AIG’s [...]

Morrell Insurance Spring Newsletter

Introduction - Welcome!
The Morrell Insurance Newsletter!

This Newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance, founded in 1909) for the purpose of having [...]

Life Insurance Companies Stock Rebound

Life-insurance companies shares have surged lately, and some have stated they do not require government financial assistance from the TARP. Downgrades for insurance stocks by rating agencies have also halted. Just a few months back, financial stocks including insurance companies were in a melt down - stocks were falling and downgrades were a daily activity.
Was [...]

Honor Roll: This Week’s Top Insurance Blogs (May 10-16)

Our favorite insurance technology-related blog posts from around the Web (May 10-16, 2009):

Honor Roll: This Week’s Top Insurance Blogs (May 3-9)

Our favorite insurance technology-related blog posts from around the Web (May 3-9, 2009):

The Hanover Gets Upgrade, Despite Lower Q1 Earnings

Despite first-quarter profits being dragged dawn by winter storm claims, The Hanover Insurance Group Inc. earned its third ratings upgrade in 15 months, the Worcester, Mass.-based multi-regional …

New Jersey Senate Tackles Two More Insurance Bills

The New Jersey Senate’s Commerce Committee is in the midst of vetting two key bills that would have significant impact on the Garden State’s insurance industry.

One bill would create a create …