However, their report said that "if any of these cities or countries plans to become a world-class financial center in the range of New York or London, it must necessarily attract a large number of in

In New York, Joe Fritsch, director of insurance accounting policy, said recently that his state insurance department had done an outreach to the industry concerning revisions in collateral requirement

The South Carolina Workers' Compensation Commission and Republican Gov. Mark Sanford have filed legal papers that would end their constitutional conflict over his orders to the commission on how to h

The company, which is currently not writing new home insurance business in the state, said it sought an increase from the State Office of Insurance Regulation to "cover the expected costs of loss and

The findings were reported by Independent Insurance Agents & Brokers of New York Inc. in their latest study of insurers' performance in a poll that drew responses from 261 agency principals who were i

Highline--a unit of Summit Business Media, the parent of National Underwriter--reported that Munich American Holding Group, as of the first quarter, had combined Fannie Mae and Freddie Mac investments

Boston-based Liberty Mutual Group and Safeco Corp. in Seattle, apparently reacting to negative rumors, announced last night that Liberty Mutual's plan to acquire Safeco for $6.2 billion remains on tra

Mr. Walsh said the acquisition was accomplished because "it is an opportune time to accelerate our option to purchase the remaining shares of Ascot to expand AIG's presence in the important Lloyd's ma