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WASHINGTON—The executive and legislative changes brought about by last week's elections present both opportunities and challenges for risk managers a
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NEW YORK3Marsh & McLennan Cos. Inc. last week recorded a $33 million third-quarter charge to increase its professional liability reserves after its b
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ATLANTA—A company controlled by former top officers of HealthSouth Corp. is not entitled to liability coverage in a lawsuit charging that the company
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NEW YORK—American International Group Inc. was in discussions with federal officials late last week about new steps to ease financial pressure on the
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More employers are adding automatic enrollment to their 401(k) plans as they strive to get and keep their employees saving for retirement in what has
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Offshore insurance and reinsurance companies, including those based in Bermuda and the Cayman Islands, are likely to be targeted by a Barack Obama Wh
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WASHINGTON—One of the first pension issues Barack Obama may have to deal with as president could be deciding whether to support proposals backed by b
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Many nonprofit employers that offer 403(b) defined contribution pensions are scrambling to bring their plans into compliance with Internal Revenue Se
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