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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 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 Arthur D. Postal, PropertyCasualty360.com |
May 9, 2012
An appellate court in New York has cleared the way for a trial on allegations that Maurice “Hank” Greenberg and Howard Smith, respectively the former CEO and CFO of American International Group, committed fraud in connection with two reinsurance transactions.
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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.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 2, 2012
Arthur J. Gallagher’s chief executive says as bad as the new health-care law is, it is providing opportunities for the brokerage as smaller benefit brokers are unable to keep up with compliance issues.
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By Karen Freifeld, Reuters |
April 25, 2012
New York judge on Tuesday rejected an effort by American International Group Inc and other objectors to Bank of America Corp's proposed $8.5 billion mortgage bond settlement.
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By Matthew S. Marrone, Esq. |
April 25, 2012
A lesson in transparency from NY’s Disclosure of Broker Compensation Rule
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By Ken Brownlee, CPCU |
April 25, 2012
Faster anything, from trains to claims services in a disaster, represents a long-term goal. Except for short runs or small claims, it is a dream of what might be.
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By Chad Hemenway, PropertyCasualty360.com |
April 20, 2012
A scheduled meeting today between Louisiana Citizens Property Insurance Corp. and attorneys for more than 18,500 policyholders owed about $105 million from the last-resort insurer was abruptly canceled.
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By Elizabeth Festa, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
April 10, 2012
A House panel plans to act soon on legislation that would exempt agent commissions from the Medical Loss Ratio provision of the healthcare reform law.
