-
By Mark E. Ruquet, PropertyCasualty360.com |
May 3, 2012
Ambac has pulled out of a suit against Bank of America Corp. involving an $8.5 billion mortgage-bond settlement.
-
By Chad Hemenway, PropertyCasualty360.com |
March 28, 2012
A U.S. district-court judge has awarded a group of insurers $9.35 billion after entering a final judgment against Hezbollah in a lawsuit over the Sept. 11 terrorist attacks.
-
By Mark E. Ruquet, PropertyCasualty360.com |
March 21, 2012
The senior chief executives of MBIA will not be getting a bonus this year, though the compensation committee agreed that they are entitled to one.
-
By Arthur D. Postal, PropertyCasualty360.com |
March 12, 2012
A tax break provided to American International Group came under heavy fire today from four members of the former oversight panel created to monitor the Troubled Asset Relief Program.
-
By Arthur D. Postal, PropertyCasualty360.com |
March 5, 2012
American International Group today sold 14 percent of the stock of its Hong Kong life insurer, AIA Group, Ltd., for approximately $6 billion.
-
By Arthur D. Postal |
February 9, 2012
Starr International and its Chairman and Managing Director Maurice “Hank” Greenberg have amended a lawsuit against the federal government to claim that the terms of federal aid to AIG starting in 2008 “amounted to an attempt to ‘steal the business.’”
-
By Arthur D. Postal, PropertyCasualty360.com |
February 2, 2012
Starr International and its Chairman and Managing Director Maurice “Hank” Greenberg, have amended a lawsuit against the federal government to claim that the terms of government aid to AIG starting in 2008 “amounted to an attempt to ‘steal the business.’”
-
By Christina Bramlet, PropertyCasualty360.com |
January 2, 2012
If anyone is capable of restoring order to chaos, aside from mathematicians and economists, it is most certainly claims adjusters and their brethren.
-
November 23, 2011
Insurance rating agency A.M. Best Co. says the ratings of Transatlantic Holdings and Alleghany Corp. and their subsidiaries remain unchanged following the companies’ agreement to merge.
-
By Christina Bramlet, PropertyCasualty360.com |
September 29, 2011
On many levels, this year’s results represented a battle cry for America’s workforce. Were we overly hopeful after last year's subtle progress?
