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By Arthur D. Postal, PropertyCasualty360.com |
May 22, 2012
Sen. David Vitter, R.-La., today introduced a five-year National Flood Insurance Program extension in the form of an amendment to bipartisan drug legislation.
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By Chad Hemenway, PropertyCasualty360.com, Anya Khalamayzer, PropertyCasualty360.com |
May 21, 2012
Insurer reps discuss the industry's response after last year's May 22 tornado that leveled Joplin, Mo.
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By Arthur D. Postal, PropertyCasualty360.com |
May 21, 2012
An effort is underway to attach a long-term National Flood Insurance Program reauthorization and reform legislation to bipartisan drug legislation in the Senate.
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By Chad Hemenway, PropertyCasualty360.com, Anya Khalamayzer, PropertyCasualty360.com |
May 21, 2012
As a spokesman for State Farm, Jim Camoriano has worked the aftermaths of hurricanes Gustav and Ike in 2008 and has seen his share of tornado damage.
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By Elizabeth Festa, PropertyCasualty360.com |
May 18, 2012
Lawmakers and industry and government officials pushed for supervisory harmony and a robust role abroad by the U.S. Federal Insurance Office to increase international competitiveness for the U.S. insurance industry.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
May 17, 2012
Once upon a time, both banking and insurance were synonymous with security, stability and strength. For banks, that image has been tarnished by risky schemes like that perpetrated by JPM.
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By Reuters |
May 17, 2012
The Federal Reserve Bank of New York said on Thursday it has postponed the latest sale of mortgage-backed assets from the Maiden Lane III portfolio, which it acquired as part of a rescue package for the giant U.S. insurer AIG.
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By Chad Hemenway, PropertyCasualty360.com |
May 4, 2012
Driven by profits in all core business units—especially its property and casualty insurance unit—American International Group Inc.’s first-quarter net income climbed more than 147 percent.
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By Elizabeth Festa, Arthur D. Postal PropertyCasualty360.com |
May 3, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Adam Tempkin and Karen Brettell, Reuters |
April 26, 2012
Barclays and Deutsche Bank on Thursday won a fierce bidding war for a portfolio of toxic assets the US government acquired in the 2008 bailout of insurance giant AIG.
