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

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

WASHINGTON--AIG's potential losses from its investment in derivatives of subprime loans could range from not material to a total write-off of 2007's fourth-quarter earnings, a Citigroup analyst said to

WASHINGTON--The economic problems created by poor regulation of the bond insurance industry are evidence that optional federal chartering of insurers may be needed, a key House subcommittee chairman sa

Congress can enact legislation this year reforming regulation of the surplus lines and reinsurance industries, but support is lacking for creation of a federal backstop for state catastrophe funds, a

The comment by Rep. Paul Kanjorski, D-Pa.--who chairs the Capital Markets Subcommittee of the House Financial Services Committee--came as he released letters he sought from regulators explaining how

Under the January 2007 agreement, State Farm agreed to reopen 30,000 hurricane claims from 2005 and pay out a minimum of $50 million to settle the claims. In return, Attorney General Hood agreed to dr

The comment by Rep. Paul Kanjorski, D-Pa., chairman of the Capital Markets Subcommittee of the House Financial Services Committee, came as he released letters he sought from regulators asking how the