Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
AIG Skips Shareholder Vote, Posts Deal Agreement
By Staff WriterAmerican International Group Inc. says the New York Stock Exchange has let it issue a large amount of preferred stock to the Federal Reserve Bank ...
September 26, 2008
AIG Chairman Thanks StakeholdersAmerican International Group Inc. has posted a memo from Edward Liddy, the company's new chairman, on the front page of its Web site.Liddy has addressed ...
September 26, 2008
Regulators Hire AIG Asset Sale Advisor - ClarifiedNew York, the state in charge of a National Association of Insurance Commissioners working group, has hired Centerview Partners Holdings L.L.C. to help it oversee ...
September 25, 2008
Ameriprise Responds To Money Market Fund WoesA large financial services company says it will commit its own funds to protect clients who have invested in a troubled money market fund.Ameriprise Financial ...
September 25, 2008
Oracle Rolls Out Insurance BrandOracle Corp. has launched an Oracle Insurance brand and released a new Applications Integration Architecture for insurance.Oracle Insurance can help an insurer manage everything from ...
September 25, 2008
NAIC Approves Models, GuidelinesMembers of the National Association of Insurance Commissioners voted here at the NAIC's fall meeting to adopt 2 market conduct analysis statement program models and ...
September 25, 2008
NAIC Panel Endorses Reinsurance ProposalMembers of the Financial Condition Committee at the National Association of Insurance Commissioners have voted to advance a reinsurance modernization and collateral proposal.The executive committee ...
September 24, 2008
AIG Moves Ahead With Fed Deal (Updated)American International Group Inc. says it has signed the definitive agreement for the revolving credit facility it is getting from the Federal Reserve Bank of ...