Yesterday, without comment, the High Court rejected Allstate's challenge to a state law that bars the insurer from buying additional auto repair facilities and also restricts the company from particip

Investors and rating agencies reacted negatively to disclosures by American International Group about a derivative portfolio, which included the revelation that its auditors gave the thumbs down to

In his signed article, Rep. Kanjorski said the problems faced by bond insurers pointed out the "real need" for better regulation of bond insurers--a need that might be best served by an optional

Testifying before the Capital Markets Subcommittee of the House Financial Services Committee, Mr. Spitzer said if the added funds don't materialize, the state will force the insurers to split their he

Other witnesses scheduled to testify at the hearing before the Capital Markets Subcommittee will include New York State Insurance Commissioner Eric Dinallo, who will be with a group on a panel that

The American Insurance Association has asked the National Association of Insurance Commissioners' president to urge fellow regulators to reconsider opposition to federal legislation to establish an op

WASHINGTON--New York Gov. Eliot Spitzer will be among a broad-based lineup of witnesses appearing tomorrow at a House subcommittee hearing looking into oversight of the troubled bond insurance industry

WASHINGTON--A prospective class-action lawsuit has been filed against 12 title insurance companies and two supporting corporations alleging the firms violated antitrust laws by making hidden, illicit c