In a 8-1 decision, the court ruled that manufacturers of medical devices are not liable for personal injuries under a 1976 law as long as the Food and Drug Administration approved the device before it

WASHINGTON--Individual participants in 401(k) retirement plans can sue under ERISA to recover their losses, the Supreme Court ruled yesterday in a case that has created concern within the insurance ind

WASHINGTON--In the first of the Katrina flood cases to hit the Supreme Court, the court declined to review a federal appeals court ruling that upheld the flood exclusion in homeowners policies issued b

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