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The Treasury Department confirmed late Wednesday that the Financial Stability Oversight Council plans to re-proposewith greater detail on the process and frameworkthe principles it will use in designating nonbank financial companies as systemically significant.
Zurich Financial Services Group says 2011 first-half net income increased 20 percent over last year despite catastrophe losses of $780 million and challenges faced in the economy.
On August 8, Ill. Governor Pat Quinn signed SB 1147, a bill preventing workers convicted of serious crimes from claiming workers compensation benefits for injuries resulting from those crimes.
Social media websites can be helpful to fraud investigators, but some legal professionals, investigators, and other insurance company representatives may be deceiving suspects into giving up information posted on these sites.
The number one request agents have made when the issue of small commercial policies comes up is to find a way to conduct the transaction in a way thats less expensive for the agents, according to Ralph Blust, executive vice president for Willis Commercial Network.
Rating agency A.M. Best Co. says the deal reached in Washington to raise increase the U.S. debt ceiling does not get rid of uncertainty regarding the credit quality of U.S. government debt.
Troubled guaranty insurer Ambac Financial Group Inc. reports its net loss increased by $45 million driven by several factors including lower net premiums.
Troubled guaranty insurer Ambac Financial Group Inc. reports its net loss increased by $45 million driven by several factors including lower net premiums.
One weather forecasting company says that the Atlantic could give birth to several systems over the next couple of weeks, based on evolving weather conditions.
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