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The Federal Reserve Bank of New York this week made public a mortgage-securities settlement with Bank of America that could bolster the BofA's case against American International Group Inc over claims on the assets.
Hartford Financial Services Group says it made an accounting error when reporting its third-quarter earningsa mistake that now puts the insurer in the red for 2012.
Goodyear Tire & Rubber Co. has filed a lawsuit against Travelers Casualty and Surety Co. over the insurer's denial of defense and indemnity costs for future asbestos-related claims.
The world is becoming a smaller place, particularly for insurance carriers no longer limited to states but instead sharing an unlimited global view. Capgemini Financial Services released its World Insurance Report 2013 and Bill Sullivan, Capgeminis global head of market intelligence, explained the similarities and the differences in the global...
The world is becoming a smaller place, particularly for insurance carriers no longer limited to states but instead sharing an unlimited global view. Capgemini Financial Services released its World Insurance Report 2013 and Bill Sullivan, Capgeminis global head of market intelligence, explained the similarities and the differences in the global...
Shares of bond insurer MBIA Inc rose as much as 7 percent on Friday as investors bet that a new investigation into Bank of America Inc's mortgage practices would pressure the bank to settle a $5 billion lawsuit with the company.
Shares of bond insurer MBIA Inc rose as much as 7 percent on Friday as investors bet that a new investigation into Bank of America Inc's mortgage practices would pressure the bank to settle a $5 billion lawsuit with the company.
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