Italy's insurance regulator said on Tuesday that it was perplexed by S&P's putting the country's biggest insurer, Assicurazioni Generali, on negative creditwatch last month.
Bond insurer Ambac says it will begin making payments on claims, likely beginning this week, after a judge in Wisconsin granted the company permission to do so.
A controversial auto buying program promoted by GM and MetLife has been fully vetted and is in compliance with insurance regulations, MetLife and state regulators say.
Benjamin M. Lawsky has been nominated to be the first superintendent of the New York State Department of Financial Services, and Mila Kofman resigned as Maine's head regulator after one year of a five-year term.
The New York State insurance superintendent said, as part of an effort to address no-fault insurance fraud, he is supporting enactment of a measure requiring mandatory arbitration for no-fault claims under $5,000.
The nation's insurance regulators after a hearing examining the flawed performance of the rating agencies left unresolved what their next move will be.
Dozens of state insurance regulators have descended on Congress, to urge that any federal insurance regulatory reforms should keep in place and build on the existing state-based regulation model.
The New York State Insurance Department and the Autoridade Monet?ria de Macau- Macau's insurance regulator - have reached a memorandum of understanding which will allow for closer cooperation between the two regulators.