Risk Management

William Berkley, who heads a group of U.S. insurers working to close what they see as a tax loophole for foreign insurers, suggested that critics are launching empty threats to thwart his coalition's efforts.

The Federal Reserve Bank of New York came under intense fire at a congressional hearing this week for its decision to allow 100 percent payback for counterparties to AIG credit default swaps after it bailed out the firm in September 2008.

Bob Hartwig of Triple I decries the regulatory system imposed on Florida insurers.

Congress would complete work on financial services reform before the July 4th recess under an aggressive reconciliation conference schedule outlined Tuesday by Rep. Barney Frank, D-Mass.

The much-debated and massive SB 2044 has appropriately been called an "omnibus" bill. Here is a closer look at two of the significant sections in the legislation.

Analysts raised red flags about the future of AIG at a congressional hearing, despite President Robert Benmosche's assurances that AIG is on a "clear path" to repaying the government.

Officials with the AAMGA were confident that few, if any, changes would be made to the surplus lines reform measure contained in the financial reform act now headed to a Congressional reconciliation committee.

The IIABNY and the CIBGNY today jointly filed a legal action to prevent the New York Insurance Department from implementing a proposed producer compensation disclosure law.