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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 Reuters |
May 17, 2012
New York's Attorney General must review his predecessor's private emails relating to a probe of American International Group Inc and decide whether to release them to the public, a state judge has ruled.
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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 Mark E. Ruquet, PropertyCasualty360.com |
February 22, 2012
Alliant Insurance Services, Inc. won a victory in New York State Supreme Court when a judge ruled the insurance-brokerage firm did not violate an order barring former Aon employees from soliciting business on behalf of the firm.
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By Mark E. Ruquet |
January 6, 2012
Insurance broker Aon won another round in its ongoing dispute with Alliant Insurance Services Inc. over the poaching of business and employees, which allegedly did serious harm to Aon’s Construction Services Group.
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By Mark E. Ruquet, PropertyCasualty360.com |
January 3, 2012
Insurance broker Aon won another round in its ongoing dispute with Alliant Insurance Services, Inc. over the poaching of business and employees, which allegedly did serious harm to Aon’s Construction Services Group.
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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.
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By Chad Hemenway, PropertyCasualty360.com |
August 22, 2011
Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.
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By Chad Hemenway, PropertyCasualty360.com |
August 16, 2011
Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.
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By Phil Gusman, PropertyCasualty360.com |
July 5, 2011
A decision by the New York State Court of Appeals allowing a group of banks to proceed with its lawsuit against MBIA’s 2009 restructuring of its insurance operations has mixed credit implications for the MBIA family of companies, Moody’s says.
