All North America articles – Page 10
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RIMS publishes ERM technology guide
Risk managers should make sure ERM solutions are user-friendly and flexible, says association
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Local authorities urged to join RBS class action
Shareholders and pension funds mull legal action against Lloyd's Banking Group and other banks to recoup investment losses
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AIG’s bailout goes direct to banks
At least $50bn of the federal bailout money has benefited around 12 financial institutions, reports said
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US commercial lines market stable: AM Best
Expects an overall flattening of rates in 2009
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Analysis
Buyers should pay for ratings
Ratings paid for by investors would eliminate the conflicts of interest that contributed to the financial crisis, says New York Insurance Superintendent Eric Dinallo
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AIG reports $61.7bn Q4 loss
Represents the largest loss ever in American corporate history
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Marsh settles bid rigging suit for $88m
Lawsuit stems from bid-rigging allegations dating back to 2004
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$10m mortgage fraud scam unearthed
Defendants are accused of obtaining more than two dozen subprime mortgages fraudulently
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AIG seeks to sell investment arm
Sources have revealed that the ailing insurer is trying to sell AIG Investments, according to news reports
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Authorities uncover another massive Ponzi scheme
The owner of Agape World has been charged with running a $370m fraud scheme
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Soft market not over but losing steam
Modest decreases in premium rates but economic crisis puts pressure on insurers to raise rates, finds RIMS survey
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Analysis
What’s in store under Obama?
More bailouts, social programmes and renewed diplomacy, says Exclusive Analysis
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RIMS calls for regulation of broker commissions
US association wants contingent fees to be prohibited
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US regulators charge two traders with fraud
Two men were arrested for allegedly defrauding investors of $15m
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US pension plan deficit hits record $409bn
At the end of last year estimated pension plan assets declined to $1.2 trillion compared with liabilities of $1.6 trillion
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AIG’s auto unit ‘extremely attractive’
The rebranded auto insurance unit could be among the easiest to sell, said Bloomberg
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Analysis
Whatever happened to Wall Street?
Problems in the financial services sector are not just the result of a lack of oversight