Even though securities suits related to the Madoff Ponzi scheme and the credit crisis trailed off in third-quarter 2009, financial firms were still the leading type of company sued with one-third of the cases filed, a research firm reported.
The authority of federal regulators to oversee and liquidate large, troubled insurance companies should be significantly pared back in legislation Congress is considering to deal with systemic risk to the economy, industry leaders are arguing.
The authority of federal regulators to oversee and liquidate troubled large insurance companies should be significantly pared back in legislation Congress is considering, insurance interests are arguing.
The authority of federal regulators to oversee and liquidate troubled large insurance companies should be significantly pared back in legislation Congress is considering, insurance interests are arguing.
Compromise legislation proposed by the Obama administration and Rep. Barney Frank, D-Mass., would give federal banking regulators broad authority to regulate large, troubled insurers as well as resolve them, as necessary.
Florida independent agents and brokers contemplating mergers or acquisitions are at a crossroads -- a seminal moment in time that brings an end for some and a profound new beginning for others.
The Program Productivity measure of how much insurance brokerage fee income is generated by each bank employee soared in the first six months of the year, a report said.
An insurance industry trade group representative is questioning the propriety of three top regulators inviting insurers to attend an expensive charity event.
President Barack Obama declared that reforms will be passed this year to prevent the financial industry from relapsing into the habits that almost collapsed financial institutions like American International Group.