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HARTFORD, CONN.--A key government witness at the trial of five U.S. executives, facing securities fraud charges for an allegedly bogus reinsurance transaction, admitted today his history included lying
Troubled bond insurer MBIA reported a $2.3 billion fourth-quarter net loss for 2007 a day after saying it closed on its stock deal to raise $500 million--part of a total capital package of $1 billion i
WASHINGTON--Industry groups have filed a brief urging the Rhode Island Supreme Court to overturn a lower court ruling allowing lead paint manufacturers to be sued for damages based on state public nuis
A Florida appeals court said yesterday that Allstate can stay in business in the state and put off a final decision on whether Insurance Commissioner Kevin McCarty has cause to lift the insurer's lice
A Florida appeals court said yesterday that Allstate can stay in business in the state and put off a final decision on whether Insurance Commissioner Kevin McCarty has cause to lift the insurer's lice
Commercial insurance firm FM Global in Johnston, R.I., has donated $525,000 to Spencer Educational Foundation, which provides college scholarships to students of risk management and insurance, it was
A federal judge in Louisiana threw out a class action lawsuit yesterday against the U.S. Army Corps of Engineers for failure to properly construct and maintain the New Orleans levee system that broke
Hilb Rogal said Talty is an independent agency with over $2.7 million in annual revenue, offering tailored coverage for both property-casualty and employee benefits clients, with a focus on community
Sponsored by Senator George D. Maziarz, R-Newfane and Assemblywoman Susan V. John, D-Rochester, the legislation was approved on Tuesday and signed into law today. It followed recommendations in a repo
"The vote to defeat HB 1143 is proof that legislators in the state see that the proposed credit-based insurance scoring ban would have adversely impacted market competition in the state, forced rate
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