A New York appeals court has tossed out one of the civil charges against Liberty Mutual brought by the New York Attorney General's Office, which is suing the insurer for misconduct related to its paym
WASHINGTON--The economic problems created by poor regulation of the bond insurance industry are evidence that optional federal chartering of insurers may be needed, a key House subcommittee chairman sa
Two recent news stories--dealing with banking and the airlines--make me wonder more than ever about the wisdom of letting Uncle Sam regulate the insurance industry ...
The Hartford Financial Services Group said yesterday it agreed to pay $115 million and eliminate contingent commission payments to settle market-timing and bid-rigging investigations by state and fede
The Marsh insurance brokerage's claims management subsidiary, CS Stars, has reached a $60,000 settlement with New York authorities over a security breach that exposed data from 540,000 people in the s
The Marsh insurance brokerage's claims management subsidiary, CS Stars, has reached a $60,000 settlement with New York authorities over a security breach that exposed data from 540,000 people in the s
Robert J. Cleary, an attorney with the law firm Proskauer Rose in New York City, who is representing Mr. Gilman, told National Underwriter today that he expects the trial to last a number of weeks, be
New York's new attorney general, Andrew Cuomo, appears to be taking over where Gov. Eliot Spitzer left off in pursuit of a lawsuit against American International Group's former chief executive,
New York Attorney General Andrew Cuomo appears to be picking up where Eliot Spitzer left off in pursuit of a lawsuit against former American International Group Chief Executive Maurice "Hank" Greenber
Under an agreement announced today, the Armonk, N.Y.-based bond insurer will pay a $50 million penalty to the Securities and Exchange Commission, $10 million to investors and $15 million in penalties