All North America articles – Page 6
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Plumeri interview
Transcript of an interview StrategicRISK conducted with Willis chief Joe Plumeri
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Online onlyPlumeri urges “buyer revolt” on contingents
Willis chief tells StrategicRISK that buyers should drive contingents out of the industry by voting with their feet
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InterviewsRIMS dismayed at return to contingent commissions
New York’s Insurance Department has followed Illinois’ lead and reinstated contingent commissions. This is not in the best interest of consumers, said RIMS
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InterviewsRIMS objects to “diminished” broker transparency rule
Asks for additional 30 days of consultation
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InterviewsNew York regulator releases broker transparency rule
No requirement for mandatory full disclosure, but brokers oppose “overly burdensome” rules
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InterviewsBrokers file suit to stop transparency regulation
The new rule requires brokers to tell clients how they are getting paid
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Five killed in Connecticut plant explosion
Explosion was the result of a gas leak that occurred while testing lines
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Elevated political risk continues into 2010, says Aon
18 countries downgraded in this year’s political risks map
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InterviewsRIMS concerned over Obama’s budget plan
Risk managers worried by plans to reduce terrorism backstop and inhibit reinsurance ceding
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FeaturesDangerous results
2009 was a relatively mild year for natural catastrophes, with losses well below average. But with the tragedy in Haiti in January, and rising global temperatures continuing to put certain regions under pressure, there is no cause for complacency, argues Nathan Skinner
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Online onlyOECD welcomes Obama’s financial plan
New rules could help to avoid another financial crisis
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Online onlyBanks lobby against “Obama’s plan”
Senior banking executives are to use the World Economic Forum to get their message across
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InterviewsObama plans to boost financial oversight
President says he is prepared to “fight” the lobbyists
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FeaturesA world of difference
Laws relating to directors' liability vary across Europe - while the spectre of US extradition looms in the background, writes Neil Hodge
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Interviews
SEC to incentivise cooperation
Plans to help encourage individuals and companies to assist investigations
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Online onlyNo end in sight to soft market: RIMS
Risk managers continue to enjoy favorable insurance prices, but brokers struggle with declining revenues, says RIMS benchmark survey.
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Online onlyEx-PwC risk chief joins SEC as head of compliance
As head of Compliance Inspections Carlo di Florio will oversee SEC investigations
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