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Boston-based Liberty Mutual reported 2008 fourth-quarter net income rose 12 percent, or $49 million, to $474 million, and management attributed the insurer's positive financial result to an avoidance

Kevin McCarty, Florida Insurance Commissioner, speaking before the Florida Senate Ways and Means Committee, said there is a "cratering" of the financial sector due to the economic downturn, and

American International Group Inc. said it has issued 100,000 shares of stock to the U.S. Treasury as part of the previously announced arrangement to provide a 79.9 percent taxpayer ownership of the

The Dallas-based online insurance exchange reported average property-casualty rates decreased 8 percent over the month of February, one percentage point lower than the previous four months' 9 percent

The Dallas-based online insurance exchange reported average property-casualty rates decreased 8 percent over the month of February, one percentage point lower than the previous four months' 9 percent

During a 2007 interview, Ms. Rozzell, who was also president of Continental/Marmorstein & Malone in Paramus, N.J., told NU, "This is my only job," referring to the fact that she's worked for the firm

During a 2007 interview, Ms. Rozzell, who was also president of Continental/Marmorstein & Malone in Paramus, N.J., told NU, "This is my only job," referring to the fact that she's worked for the firm

Armonk, N.Y.-based bond insurer MBIA Inc. reported a fourth-quarter loss of $1.2 billion--better than the previous year's fourth-quarter loss of $2.3 billion--while the company's CEO called for a radical solution to end the housing crisis.