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The Senate agreed Monday night to pursue a change in financial services legislation that would exempt insurers that own banks or thrifts from the "proprietary trading" restrictions imposed by the "Volcker rule."

Four insurers who filled databanks with thousands of inaccurate reports on drivers have agreed to pay a monetary penalty and correct the record, Massachusetts Attorney General Martha Coakley announced.

After years of fighting between politicians and Florida's property insurers, it appears that the state's private carriers may be on the verge of getting the ability to raise their rates by a limited amount.

A list of the 6 new members who have joined fellow leaders on The American College's board of trustees.

Sen. Chris Dodd, Conn., chairman of the Senate Banking Committee, announced that the committee will start work Monday on financial services legislation that would impose federal regulation on large insurers.

A provision in financial services reform legislation to be introduced in the Senate this week is running into heavy fire from various industry groups, including state legislators.

A provision in upcoming financial services reform legislation that will subject large insurers to federal oversight is running into heavy opposition from various industry groups, including state insurance legislators.

A provision in upcoming financial services reform legislation that will subject large insurers to federal oversight is running into heavy opposition from various industry groups, including state insurance legislators.