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The UK Financial Services Authority has fined Alliance & Leicester GBP7 million for failings in its telephone sales of payment protection insurance.

Aon has called for a "new supply dynamic in the food and beverage industry, one that is set within a more robust, productive and sustainable framework," said a bulletin issued from the broker's London

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has made its first ever hurricane payout from the multi-country risk pool. Turks and Caicos Premier the Hon. Dr. Michael Misick accepted $

Marsh has appointed Gilbert Van den Eynde as the Global Leader of G5, the division that serves its largest global clients with the most complex risk management needs. He will report to Tim Mahoney, Pr

Dr. Nikolaus von Bomhard, CEO of Munich Re, has issued a muscular statement, detailing the Group's strengths in the face of the ongoing global financial turmoil. "We will emerge stronger from the cris

Bermuda-based Endurance Specialty Holdings Ltd. announced its initial loss estimate related to Hurricanes Ike and Gustav at around $145 million pretax and net of reinsurance and reinstatement premium.

Allowing Lehman Brothers to fail last month was a major mistake for the equilibrium of the global financial system, French Economy Minister Christine Lagarde said on Wednesday, adding that France woul

A laptop containing personal information about more than 500 state employees in West Virginia is now in the hands of a thief. Department of Administration spokeswoman Diane Holley says the laptop

In response to the sharply increasing risk of employee-related litigation faced by privately held corporations and their directors, The Navigators Group Inc. introduced a new product called SmartPolic

A Salisbury, Maryland woman who was awarded $1.85 million after she was fired by a pesticide company will see only $300,000 of that. That's because of a limit on damages in federal employment discr