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By Reuters |
May 23, 2012
Banks challenging bond insurer MBIA Inc's 2009 restructuring don't have to answer questions about whether they pushed state senators to start an investigation, a New York judge ruled on Tuesday.
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By Karen Freifeld, Reuters |
May 16, 2012
Bond insurer MBIA Inc's restructuring during the financial crisis must be annulled because it was based on bad information, a lawyer for banks challenging the restructuring said on Tuesday.
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By Karen Freifeld, Reuters |
May 15, 2012
Bank of America Corp and Societe Generale on Tuesday will begin opening arguments in a New York State courtroom to overturn the 2009 restructuring of bond insurer MBIA Inc.
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By Staff Writers |
March 30, 2012
Industry leaders have a lot to say. PC360 brings our readers the top quotes from major industry players for the week of March 26.
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By Alan Sayre, Associated Press |
January 24, 2012
Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies.
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By Arthur D. Postal, PropertyCasualty360.com |
January 12, 2012
Nebraska has dropped out of the Nonadmitted Insurance Multistate Agreement, or NIMA, the compact for parceling out surplus line premiums to the appropriate state supported by the National Association of Insurance Commissioners.
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By Staff Writer |
December 13, 2011
North Carolina Insurance Wayne Goodwin has denied a request by the North Carolina Rate Bureau for a statewide average 36.1 percent for dwelling extended coveage policies and issued a rate decrease for dwelling fire policies.
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By Mark E. Ruquet |
October 20, 2011
It is no secret that the insurance industry is in the middle of a generational crisis as experienced managers and producers begin to look at retirement—and are discovering that there is a dearth of younger leaders ready to take their place.
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By Arthur D. Postal, PropertyCasualty360.com |
July 19, 2011
California enacted a law Monday that allows the state to keep all the premium taxes generated by the surplus lines industry.
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By Chad Hemenway, PropertyCasualty360.com |
June 23, 2011
New York lawmakers have sent to the governor a commercial deregulation bill that allows insurers to go to market with some policies before regulatory approval.
