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BB&T Insurance Services says it has added flood insurance to its suite of online-insurance offerings, making it the first insurance broker to the country to offer and sell flood insurance online in real time.
The largest city to file for bankruptcy protection in the United States will not spell doom for municipal-bond insurers, and only a dramatic rash of municipal failures would do serious damage to that industry segment, an economist says.
Global non-life insurance premiums grew 1.9 percent in 2011 compared to 2010, driven by strong economic expansion in emerging markets and rate increases in advanced markets, according to Swiss Re.
A wildfire raging near some of Colorado's most popular tourist sites grew suddenly more ferocious on Tuesday, forcing 32,000 people from their homes, prompting evacuations from the U.S. Air Force Academy and swallowing numerous houses at the edge of Colorado Springs.
A small Texas bank and a conservative Washington think tank have joined to file a lawsuit challenging the constitutionality of the Financial Stability Oversight Council.
A small Texas bank and a conservative Washington think tank have joined to file a lawsuit challenging the constitutionality of the Financial Stability Oversight Council.
Bermuda is on course to bring capital rules for insurers into line with theEuropean Union's tough new Solvency II regime, the island's financial regulator said.
Bermuda is on course to bring capital rules for insurers into line with theEuropean Union's tough new Solvency II regime, the island's financial regulator said.
Old Republic International played down the possibility of a liquidity crisis and said it was unlikely regulators would seize its money-losing mortgage insurance business, after the company abandoned plans to spin off the unit.
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