Justices for the Court of Appeals for the State of New York peppered attorneys with questions for close to 45 minutes during a hearing on whether a group of banks can go ahead with a lawsuit against bond insurer MBIA.

Premium for the aerospace insurance market is down for the fourth year in a row as capacity remains high, but buyers are being warned that the soft market direction won’t last, says insurance broker Aon.

Insurance broker Hub International Ltd. will expand its operations in the South with the acquisition of First Southeast Insurance Services Inc.

Insurance broker Hub International Ltd. will expand its operations in the South with the acquisition of First Southeast Insurance Services Inc.

The recent flooding of the Mississippi River has called for the Morganaza Spillway to be opened for the first time in nearly 40 years.

Credit scoring using completely race-neutral factors is permitted under Texas law even if it has an unintended impact on minorities, the state’s Supreme Court ruled late last week.

Credit scoring using completely race-neutral factors is permitted under Texas law even if it has an unintended impact on minorities, the state’s Supreme Court ruled late last week.

New rules that expose executives and directors of troubled financial-services institutions to unexpected negative consequences—including the possible loss of their salaries and other compensation—have sparked the creation a new insurance coverage.