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American International Group Inc. said on Friday that it is terminating 14 voluntary deferred compensation programs involving 5,600 employees and independent agents and representatives. Approximat

Gov. Marc Racicot will leave his position as the president and CEO of the American Insurance Association (AIA), effective Feb. 1, 2009. Racicot served more than three years as the leader of the the AI

AIG Employee Benefit Solutions has announced a new launch of its group disability policy, underwritten by AIG Life Insurance Company and American International Life Assurance Company of New York, subsidiaries of American International Group.

Brown & Brown, a provider of insurance and reinsurance products and services, through its subsidiary, has acquired the assets of Agency Associates and certain affiliated entities.

Peoria, Ill.-based RLI Corp. launched an architects and engineers (A&E) professional liability division - named RLI design Professionals. RLI Design Professionals will be led by Louis Leonard "Lenn

XL Insurance, the global insurance operations of XL Capital, has named Donald Allard as the leader of its select professional group.

Wright Risk management LLC, a risk financing and insurance management company, and Aquiline Capital Partners LLC ("Aquiline"), a New York based private equity firm investing in financial services, a

Janet (Riewold) Bordonaro has been named vice president in charge of new business for Bankers Risk management Consultants based in Naples, Fla. She will be based out of the Naples, but her territory i

A.M. Best Co. has upgraded the financial strength rating (FSR) to 'A-' (Excellent) from 'B++' (Good) and the issuer credit rating (ICR) to "a-"from "bbb+" of Cyprus-based Alliance Internatio

With the U.S. Treasury and the Federal Reserve Board pouring more money into loans for American International Group Inc. (AIG) hoping to keep the financial giant afloat, the Texas Department of Insura