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MBIA management, having just paid $75 million to settle accounting irregularities with state and federal agencies, said today they expect no further enforcement actions despite an ongoing examination

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

The New York-based rating agency introduced a new economic capital model known as Matrix, which it will now use in its ratings of financial guaranty insurers, and found that the core capital adequacy

Pronouncements by analysts about soft casualty insurance prices are based on inaccurate broker surveys and are overblown, a top insurer told the Annual Executive Conference for the Property-Casualty

NEW YORK--The head of a U.S. property-casualty insurer is so incensed about tax advantages foreign competitors have over U.S. counterparts that he's set a personal goal to have the situation changed, h

Utility Firm Veteran To Take Safeco HelmSafeco has chosen a veteran of the utility industry, Paula Rosput Reynolds, to take over as president and ...

NU Online News ServiceSafeco announced it has chosen a veteran of the utility industry, Paula Rosput Reynolds, to head the Seattle-based insurer.Ms. Reynolds will ...

Insurers Face Ballooning Katrina LossesAdjusters hit the ground, with insured damages reaching as high as $35 billionBy Mark e. ruquetInsured loss estimates continued to ...