N.Y. State Supreme Court upholds insurance departments decision to split MBIA in two, but yesterday, subsidiary National Public Finance Guarantee Corp. revealed it has more than $100 million in general-obligation-debt exposure to the city of Detroit.

The California insurance commissioner Tuesday said he would defend in court his decision to require Mercury Insurance Co., to reduce its homeowners-insurance rates in the state effective in June.

The California insurance commissioner Tuesday said he would defend in court his decision to require Mercury Insurance Co., to reduce its homeowners-insurance rates in the state effective in June.

Legislation is currently pending in the Oklahoma legislature that proponents say would privatize its nonprofit workers compensation insurance fund and turn it into a private domestic mutual insurance company.

Legislation is currently pending in the Oklahoma legislature that proponents say would privatize its nonprofit workers compensation insurance fund and turn it into a private domestic mutual insurance company.

A former MBTA worker faces up to 10 years in jail after lying to police about an armed robbery that transpired on her route.

A former MBTA worker faces up to 10 years in jail after lying to police about an armed robbery that transpired on her route.

American Collectors Insurance has become a company partner of Trusted Choice, the independent agent branding campaign sponsored by the Independent Insurance Agents & Brokers of America.