Financial institutions are finding it increasingly hard to get affordable liability insurance for directors and officers, sometimes facing rate hikes of 100 percent or more, brokers who have eyeballed

Ever since the infamous Chicken Little freaked out about the imminent descent of the sky, alarmed people everywhere have taken a certain morbid delight in anticipating the next great catastrophe to

The announcement yesterday that Liberty Mutual Group is selling off some renewal business to brokers and will deliver commercial insurance products for midsize business exclusively through

Making a bad situation worse, "there was no government fail safe built into the risk management framework," and many risk management warnings were dismissed by management, said Carol Fox, senior

Just as an insurer shouldn't put someone in charge who had cheated on their own insurance claim with the company, so should President Obama have told Treasury secretary nominee Tim Geithner to take a

The majority leader said "Republicans and Democrats united around ensuring that hardworking individuals across this country should be paid fairly, and that they will have a fair shot to fight back

The majority leader said "Republicans and Democrats united around ensuring that hardworking individuals across this country should be paid fairly, and that they will have a fair shot to fight back

An influential Washington think tank's global financial reform report with recommendations for an examination of fair value accounting has drawn support from the Group of North American Insurance