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By Mark E. Ruquet, PropertyCasualty360.com |
May 18, 2012
Two New York State senators are considering hearings on the split of MBIA after banks raised questions about the move during a hearing in Manhattan.
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By Robert Regis Hyle, PropertyCasualty360.com |
May 16, 2012
Is social media becoming passé in the insurance industry? It seems odd to some observers that the perpetually-late-to-the-party insurance industry has already got a handle on things. After all, most insurers have marketing departments on Twitter and, other than my wife, who doesn’t have a Facebook account?
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By Reuters |
May 10, 2012
The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, following a competitive bid process with eight other Wall Street firms.
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By Robert Regis Hyle, PropertyCasualty360.com |
May 1, 2012
The future is bright for those operating in the mobile technology field. Doing mobile right also means leveraging your previous technology investments—including legacy systems—to make for a meaningful connection to customers and business partners.
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By Adam Tempkin and Karen Brettell, Reuters |
April 26, 2012
Barclays and Deutsche Bank on Thursday won a fierce bidding war for a portfolio of toxic assets the US government acquired in the 2008 bailout of insurance giant AIG.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 24, 2012
After close to three years of legal wrangling, MBIA and a group of banks will finally fight it out in court come May 14 after a New York State judge set a date for trial.
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By Reuters |
April 13, 2012
A New York judge has ruled that Bank of America CEO Brian Moynihan must testify in a lawsuit brought by bond insurer MBIA Inc. which claims the bank fraudulently induced it to insure risky mortgage-backed securities.
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By Chad Hersh |
March 29, 2012
Mobile technology has to move up on the priority list for carriers that haven’t started on it yet. It’s likely that the iPad 3 will cause another surge of tablet sales. Smartphones coming out have quad core processors and the average consumer doesn’t even have a quad core desktop yet.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 13, 2012
The testiness between guaranty insurer MBIA and a group of banks over insurance coverage of structured financial instruments got more personal as each side accused the other of wrongdoing in court.
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By Arthur D. Postal |
March 9, 2012
The Consumer Financial Protection Bureau will propose regulations this year imposing strict limits on force-placed insurance for homeowners, bringing it to a level that an industry expert says it should not be.
