News

Maurice R. Greenberg admitted his ire at being forced out in 2005 as American International Group chief executive during persistent questioning by AIG's attorney yesterday.

Here is a sampling of Claims Magazine's latest tweets.

Congress should launch federal regulation of the insurance industry with oversight of bond insurers, mortgage insurers, and reinsurers, the chairman of a House subcommittee said yesterday.

The New York Insurance Department, after more than a year of consideration and a hearing, formally proposed a regulation today expanding the list of difficult risks that can be insured by other than New York- licensed carriers.

The Arizona Captive Insurance Association (AzCIA), said Christopher S. Murray of Midwest Insurance Group, Inc., RRG, has been elected the group's new president for 2009-2010.

Fitch Ratings said it will take no rating action on Max Capital Group Ltd. after the Bermuda reinsurer withdrew its bid for a merger with IPC Holdings Ltd.