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Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.
No one can deny the appeal of living near Floridas fabulous beaches and coastal areas. Unfortunately, these also are the areas most likely to be hit hardest by storms, hurricanes, and rising sea levels. Should all taxpayers continue to be required to subsidize the flood, wind, and disaster insurance for...
No one can deny the appeal of living near Floridas fabulous beaches and coastal areas. Unfortunately, these also are the areas most likely to be hit hardest by storms, hurricanes, and rising sea levels. Should all taxpayers continue to be required to subsidize the flood, wind, and disaster insurance for...
Hannover Re expects to face claims totaling around $42.6 million from the apparent loss of a Malaysia Airlines' jet over the weekend, the reinsurer's chief executive said on Tuesday.
Hannover Re expects to face claims totaling around $42.6 million from the apparent loss of a Malaysia Airlines' jet over the weekend, the reinsurer's chief executive said on Tuesday.
AIG President and CEO Robert Benmosche says the company's board must work hard on finding his successor, as that person will be taking over what is still a "very large, complex company.
AIG President and CEO Robert Benmosche says the company's board must work hard on finding his successor, as that person will be taking over what is still a "very large, complex company.
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