State Farm, Florida's second largest property insurer, said today it is pulling out of the Florida home insurance marketplace two weeks after being turned down for a 47.1 average rate increase by the

Christian Milton, a former vice president of American International Group convicted last year in connection with a scheme to manipulate the company's financial statement through a finite reinsurance

The case was sparked by a Nashville, Tenn., school district's investigation of conduct by its employee relations director. Gene Hughes. Vicky Crawford, the district payroll supervisor, who had not

The company reported fourth-quarter net income of $801 million, down $262 million from the same period in 2007 when it reported net income of $1.06 billion. This translated into earnings per share of

NEW YORK--In a move toward developing a comprehensive credit default swap policy, a group of the nation's state legislators took testimony from experts, who urged putting swaps under state insurance

In separate statements, the companies said Iron-Starr Excess, domiciled in Bermuda, will initially focus on the production of excess financial and commercial lines insurance and reinsurance products

WASHINGTON--Timothy Geithner, a key player in the American International Group bailout arrangements, was sworn in as the nation's 75th Treasury secretary last night immediately after winning Senate

WASHINGTON--Timothy Geithner, a key player in the American International Group bailout arrangements, was sworn in as the nation's 75th Treasury secretary last night immediately after winning Senate