New York Stock Exchange.

• Assured Says to Be Paid $358M As It Settles UBS Suit

  By Reuters  |  May 6, 2013

  Bond insurer Assured Guaranty Ltd said UBS AG will pay it $358 million to settle a lawsuit that accused the bank of falsely representing the quality of the loans underlying $1.49 billion of mortgage-backed securities.

• MBIA Cleared to Pursue Fraud Case Against BofA's Countrywide

  By Karen Freifeld, Reuters, Jonathan Stempel, Reuters  |  April 3, 2013

  A New York state appeals court on Tuesday cleared the way for bond insurer MBIA Inc to pursue a fraud lawsuit against Bank of America Corp over toxic mortgage securities.

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  Montpelier Re COO Busher to Retire

  By Staff Writer  |  February 25, 2013

  Montpelier Re Holdings Ltd. says its Chief Operating Officer and Deputy Chairman Tom Busher will retire at the end of this year.

• ACE Q4 Net Income Up, but Operating Profit Falls on Sandy Losses

  By Ashutosh Pandey, Reuters  |  January 30, 2013

  Insurer ACE Ltd reported a 24 percent fall in quarterly operating profit, hurt by losses related to superstorm Sandy, and forecast a full-year profit below analysts' estimates.

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  Hartford CEO McGee Has Successful Surgery to Remove Brain Tumor

  By Mark E. Ruquet, PropertyCasualty360  |  January 14, 2013

  Liam E. McGee, the chief executive of The Hartford says surgery to remove a tumor on his brain was successful and he is returning to work today.

• Transocean to Pay $1.4B for Role in BP Spill: Source

  By Reuters  |  January 3, 2013

  Transocean Ltd has agreed to pay $1.4 billion to settle U.S. government charges arising from the massive 2010 BP Plc oil spill in the Gulf of Mexico, a source familiar with the matter said on Thursday.

• AIG to Raise Up to $6.5B Through AIA Share Sale: Sources

  By Elzio Barreto, Reuters  |  December 17, 2012

  American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.

• Allianz Pays $12.3M to Settle FCPA Violations

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 17, 2012

  German-based insurer Allianz SE has agreed to pay the Securities and Exchange Commission $12.3 million to settle charges that it bribed officials in Indonesia for the placement of insurance contracts.

• Chinese Group Buys AIG Aircraft Firm for Up to $4.8B

  By Ben Berkowitz, Reuters, Denny Thomas, Reuters  |  December 10, 2012

  American International Group Inc will sell nearly all of aircraft leasing business ILFC to a Chinese consortium for up to $4.8 billion, in a deal that gives the fastest growing aviation market easier and cheaper access to planes.

• Allstate Says Sandy Cat Losses to Exceed $150M

  By Reuters  |  November 15, 2012

  Home and auto insurer Allstate Corp., considered to be one of the companies most exposed to insured losses from superstorm Sandy, said it expects October catastrophe losses to exceed $150 million though a full estimate cannot be made at this time.

• MGIC to Pay $267.5M to Settle Dispute with Freddie Mac

  By Reuters  |  November 9, 2012

  Mortgage insurer MGIC Investment Corp said it would pay Freddie Mac $267.5 million to settle a dispute that had threatened to stop it from writing new insurance throughout the United States.

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  Terrorism Risk After Obama's Victory

  By Gordon Woo  |  November 7, 2012

  Obama's counterterrorism track record from the man who figured out how to model terrorism risk.

• AIG Reports Big Investment Gains, Premium Profits Down

  By Lauren Tara LaCapra, Reuters  |  November 2, 2012

  AIG reports third-quarter profit of $1.9 billion compared to a loss of $3 billion during the same time last year.

• High Commercial-Claim Activity Expected in Wake of Sandy

  By Arthur D. Postal, PropertyCasualty360.com  |  October 30, 2012

  Hurricane Sandy is a storm with little precedent on the East Coast and is likely to trigger a significant volume of commercial-property claims, according to officials at insurance broker Willis North America.

• Sandy Impact 'More Severe' Than Irene; Interests Tie Storm to Larger Issues

  By Phil Gusman, PropertyCasualty360.com  |  October 30, 2012

  Risk Management Solutions says Sandy's impact on the East Coast is “much more severe” than last year’s Hurricane Irene. As emergency personnel, modelers and insurers assess the ultimate damage, some have connected the storm to hot topics such as federal risk-management strategies, insurers' disaster responses, and climate change.

• Sandy Strengthens, Closes in on U.S. Coast; Wall Street Shuts Down

  By Daniel Trotta, Reuters  |  October 29, 2012

  Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market saw its first weather-related closure in 27 years.