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By Mark E. Ruquet, PropertyCasualty360.com |
March 18, 2011
Banks fighting the split of MBIA Insurance Corp. into two companies said they submitted affidavits from four former New York insurance superintendents stating that the N.Y. State Insurance Dept. violated its duty by allowing the insurer to make the move.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 15, 2011
Banks fighting the split of MBIA into two companies said they submitted affidavits from four former New York insurance superintendents stating that the department violated its duty by allowing the insurer to make the move.
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By Robert H. Myers Jr. |
November 8, 2010
In the process of reforming the financial markets, Congress was unable to generate a solution that is more than a patch for the holes in the existing flawed model.
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By Arthur D. Postal, PropertyCasualty360.com |
October 29, 2010
A vibrant farm industry is currently helping the crop insurance industry cope with the Agriculture Department's decision to substantively cut back its subsidy program, "but every year is a new year."
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By Barry Zalma |
March 1, 2010
A Texas insurance broker admitted he was negligent in failing to procure insurance for his client and still avoided liability because the damages incurred by the putative insured would not have been covered even if the policy was acquired as ordered.