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New York Insurance Superintendent Eric Dinallo said today that stock market reaction to the $1.66 billion quarterly loss reported by Ambac Financial Group Inc. yesterday showed that the furor over bon
Consumers fare better under state regulatory systems requiring prior approval of insurers' rates than systems with fewer regulatory controls, according a national study released today by the Consumer
In dispute is whether workers over age 40 who challenged their dismissal must make their case, or should the company which dismissed them during an involuntary reduction in force have the burden of pr
Thomas J. Wilson, president, chief executive officer and chairman-elect of Allstate, said, "Catastrophe losses offset the solid underlying performance of our insurance operations, where profitability
Pitney Bowes Inc., the Stamford, Conn.-based "mailstream" company, said has planned a series of events and services to help mail-reliant businesses, such as insurance companies, to handle the upcoming
"Women of America: Put your lipstick on, square your shoulders, suit up" and get ready to fight, Sen. Barbara Mikulski, D-Md., said moments after the bill's opponents denied supporters the 60 votes ne
St. Paul, Minn.-based Travelers Companies reported first-quarter net income fell 11 percent to $967 million as investment income dropped 12 percent; however, the firm upped its 2008 operating earning
Reacting to an expert's negative comments about insurance companies' use of catastrophe models, industry representatives said carriers have improved their use and understanding of models since Hurrica
CSC's Healthcare Sector will leverage core intellectual property to help clients innovate new or enhanced clinical and business processes, including processes related to supply chain management,
The justices heard oral arguments in Metropolitan Life Insurance Company et al. vs. Wanda Glenn, a case involving questions about a benefits determination made by a company that served both as the
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