A citizen watchdog group picketed in front of American International Group’s offices in Jersey City, N.J., urging the insurer to end the practice of bonuses and rescind those already given to its employees.

A day after the New York Times claimed former AIG chief executive officer Maurice “Hank” Greenberg was steering talent to his new firm, Greenberg fired back, saying employee departures could have actually been avoided under a plan he advocated.

A Maryland Circuit Court is expected to rule soon on whether the state’s insurance department was justified in reducing the severance package of former CareFirst CEO William Jews.

The U.S. House, or at least the Energy & Commerce Committee, is readying the executives of 52 of the nation’s largest health insurers for a perp walk in the Democrats’ …  Read →

A group representing the nation’s health insurance companies is calling an investigation by the U.S. House into the finances of 52 insurers a “politically motivated, taxpayer financed fishing expedition.”

Bart …  Read →

Helping return one of the nation’s largest insurers to prominence while repaying billions in taxpayer dollars will net new American International Group CEO Robert Benmosche an annual salary of $7 …  Read →

The Pennsylvania insurance commissioner has deemed the compensation of the chief executives of Highmark Inc. and Independence Blue Cross “reasonable” under state law.

The examination and finding is part of the …  Read →

Trying to avoid the public backlash it received during the last round of executive bonuses, American International Group is seeking the government’s approval for a new round of payouts.

The troubled …  Read →

The American College is adding a new elective course – looking at the numerous plans offered to provide benefits to executives of business firms – and updating its curriculum for …  Read →