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The Council of Insurance Agents & Brokers on Wednesday praised New York Insurance Superintendent Eric Dinallo for the release of Circular Letter 9, which provides producers with guidance on
American International Group's former chairman and chief executive officer, Maurice Greenberg, is suing his old company, charging that excessive speculation in risky derivatives and lack of
Fiserv, Inc., a provider of financial services technology solutions, has unveiled an enhanced market approach and new brand identity, affirming the company's commitment to the transformation of
Federal Reserve Board Chairman Ben Bernanke blasted American International Group at a Senate hearing today, saying "nothing has made me more angry" than AIG's ability "to exploit a huge gap in the
WASHINGTON--A top House Financial Services Committee aide told state insurance legislators on Friday that legislation passed in this Congress will create a federal regulator for insurance, "certainly
The company reported net earnings of $4.99 billion in 2008, down from $13.21 billion in 2008. Additionally, Berkshire saw a 9.6 percent drop in per-share book value for 2008, compared to an 11
WASHINGTON--Three property-casualty trade groups on Saturday made an impassioned plea before state legislators, defending the appropriateness of using education and occupation data in setting rates
Armonk, N.Y.-based bond insurer MBIA Inc. reported a fourth-quarter loss of $1.2 billion--better than the previous year's fourth-quarter loss of $2.3 billion--while the company's CEO called for a
The first rollout of 2008 annual statutory data from Highline Data, through its online product Insurance Analyst PRO, came within hours of the first release of 2008 annual statements from the
A.M. Best Co. has placed the "A" financial strength ratings of the reinsurance subsidiaries of IPC Holdings under review with negative implications, following yesterday's announcement of IPC's intent
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