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The Federal Reserve Board of Governors didnt want to bail out AIG with an $85 billion loan, preferring that the insurer find a savior in the private marketplace, the Feds top lawyer told a judge.
Fannie Mae and Freddie Mac investors lost their legal challenges to a change to the mortgage giants 2008 bailouts that sent their profits to the U.S. Treasury.
The Federal Reserve Board on Tuesday announced that it will be seeking detailed financial and other data from the insurance companies and insurers with thrifts it regulates as it starts the process of tailoring its regulatory metrics to coincide with its mandated role of overseeing them.
The Federal Reserve Board on Tuesday announced that it will be seeking detailed financial and other data from the insurance companies and insurers with thrifts it regulates as it starts the process of tailoring its regulatory metrics to coincide with its mandated role of overseeing them.
Novarica's annual budget survey of insurer CIOs reveals that the P&C industry falls behind life and annuity in planned enhancements and deployments for a few areas.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
