In testimony before the Senate Finance committee, Andrew Stern, international president of the Service Employees International Union said Congressional and White House policymakers should take advanta

Insurance industry groups continue to argue that North Carolina's state-run insurer of last resort would be unable to absorb the losses from a major storm, with the most recent argument coming from th

WASHINGTON--Entities that engaged in credit default swaps with American International Group could have transaction details made public, Federal Reserve Chairman Ben Bernanke told a congressional panel

The National Council on Compensation Insurance, Inc. said it has filed for an 8.9 percent rate increase in Florida workers' compensation insurance rates to account for an expected jump in legal costs

American International Group's restructured loan frees the firm from terms in its original bailout that were "strangling the company," while the new deal "should buy AIG some time" to sell off assets

California prosecutors are considering action to secure legislation making it a criminal offense for an employer to ask or coerce an employee to avoid filing a claim with the workers' compensation sys

Mr. Greenberg, currently chairman and CEO of C.V. Starr, had been lobbying AIG's senior management for weeks to renegotiate the terms of the government's original $85 billion bailout loan to charge le

In a comment letter submitted to the Treasury Department, the bond insurers (also known as "monolines") contended that helping them would also ensure the stability of their customers--including