Jubak&#39;s Journal As scandal shakes insurers, steer clear
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Not all insurance stocks are being punished for the Marsh &amp; McLennan price-fixing scandal, but the investigation is just getting rolling.
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Business & money: UK life insurer attempts to streamline its business after seeing its profits virtually wiped out last year
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Insuring companies for costs related to data breaches used to be a slow business, but after the multimillion-dollar TJX case, companies are suddenly scrambling for coverage -- and some are being rejected by insurers for inadequate policies and procedures.
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Business & money: Ill-judged comments saw deluge of customers reclaiming bank charges, says lawyer
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ACE yesterday became the latest insurance company to announce changes in its business practices in response to the industry investigation launched by New York&#39;s attorney general.
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Marsh &amp; McLennan Cos. shares were whipsawed on Friday amid conflicting reports that a change in the insurance broker&#39;s top management was imminent.
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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , which has been at the center of a bid-rigging scandal rocking the insurance industry, on Tuesday said it will cut 3,000
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Some large health insurers are feeling vindicated after Merck&#39;s decision to withdraw its painkiller Vioxx from the market because long-term use raises the risk of heart attack or stroke.
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Shares of Marsh & McLennan Cos. were  whipsawed on Friday amid conflicting reports that a change in  the insurance broker's top management was imminent.
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The investigation of insurance industry practices launched by New York Attorney General Eliot Spitzer isn&#39;t just spreading to include more insurers, it has set off a frenzy of scrutiny nationwide, from California to Connecticut.
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Ace Ltd., a big Bermuda insurer, is being investigated for its role in selling insurance that can smooth out volatile earnings.
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Bond insurer Ambac Financial Group Inc   is in discussions to split itself up in a move aimed at  ensuring that municipal bonds backed by the company retain high  credit ratings, the Wall Street Journal said on its Web site on  Monday.
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It didn&#39;t take long for New York Attorney General Eliot Spitzer to hit pay dirt. Just one month after he sent subpoenas to insurance companies asking a simple question - Had they participated in any bid-rigging schemes?
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An investigation into U.S. insurers and brokers rattled insurance industry stocks for a second day on Friday as investors, shaken further by subpoenas delivered to the top U.S. life insurer, struggled to gauge how deep the probe might reach.
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Shares of MBIA, the nationâs biggest insurer of financial risk, fell 26 percent after it disclosed it was guaranteeing billions of dollars of the kind of complex debt that have unnerved the credit market.
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Marsh and McLennan Companies, Inc. the world&#39;s biggest insurance broker, announced a radical overhaul of its business practices after learning it would not face criminal charges for allegedly deceiving its customers.
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Shares in Jardine Lloyd Thomas, the UK&#39;s largest insurance broker, have plunged 20 per cent after the company issued a profit warning for the year and chief executive Steve McGill quit.