WASHINGTON--The Independent Insurance Agents and Brokers of America said today it spent more than $1 million on federal-level candidates in Tuesday's election, and 92 percent of them won their contests

The firm said it also lowered the long-term counterparty credit rating on GMAC's mortgage finance subsidiary, Residential Capital LLC, to "CCC-minus" from "CCC-plus," and said both parent and subsidia

NAIC President-elect and New Hampshire Commissioner Roger Sevigny confirmed that the NAIC's Internal Administration (Ex 1) subcommittee approved the budget. The budget still must be approved by the NA

SAN FRANCISCO--Attorney William Lerach, the onetime mastermind behind countless fraud-tainted securities class actions, said in an interview before going to prison that the illegal methods he used were

The Council of Insurance Agents & Brokers said its 96th annual Insurance Leadership Forum meeting will be held next year in Colorado because of continued labor strife at the Greenbrier, its traditiona

SAN FRANCISCO--Securities class actions are being brought with more institutions as plaintiffs and show no signs of decreasing, despite the imprisonment of one of the nation's busiest class action lawy

The soft market is nearing its end as price decreases begin to show signs of moderation and the financial turmoil begins to take a toll on insurance company earnings, according to the chief executive

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