Insurer American International Group Inc eliminated the U.S. government's last financial interest in the company on Friday, buying back warrants from the U.S. Treasury for about $25 million.

House Democrats are demanding an explanation as to why the Federal Housing Finance Agency prohibited Fannie Mae from executing a plan to introduce new specialty lenders into the forced-place insurance market.

House Democrats are demanding an explanation as to why the Federal Housing Finance Agency prohibited Fannie Mae from executing a plan to introduce new specialty lenders into the forced-place insurance market.

The research and advisory firm Celent recognizes 17 insurance technology initiatives as model insurer components, in a new report. Celent also names XL Group the Model Insurer of the Year. XL Group was honored for creating a single web-based platform for managing claims globally.

The research and advisory firm Celent recognizes 17 insurance technology initiatives as model insurer components, in a new report. Celent also names XL Group the Model Insurer of the Year. XL Group was honored for creating a single web-based platform for managing claims globally.

Standard and Poor's cut its financial strength rating on bond insurer MBIA Insurance Corp. by three notches to CCC from B with a negative outlook, the rating agency said late on Thursday.

Wolters Kluwer Financial Services is helping insurers address requirements of the NAICs proposed Risk Management and Own Risk Solvency Assessment (RMORSA) Model Act by extending the capabilities of its ARC Logics enterprise risk management (ERM) solution.

Wolters Kluwer Financial Services is helping insurers address requirements of the NAICs proposed Risk Management and Own Risk Solvency Assessment (RMORSA) Model Act by extending the capabilities of its ARC Logics enterprise risk management (ERM) solution.