News

Federal Reserve Board Chairman Ben Bernanke blasted American International Group at a Senate hearing today, saying "nothing has made me more angry" than AIG's ability "to exploit a huge gap in the

WASHINGTON--A top House Financial Services Committee aide told state insurance legislators on Friday that legislation passed in this Congress will create a federal regulator for insurance, "certainly

The company reported net earnings of $4.99 billion in 2008, down from $13.21 billion in 2008. Additionally, Berkshire saw a 9.6 percent drop in per-share book value for 2008, compared to an 11

WASHINGTON--Three property-casualty trade groups on Saturday made an impassioned plea before state legislators, defending the appropriateness of using education and occupation data in setting rates

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

The first rollout of 2008 annual statutory data from Highline Data, through its online product Insurance Analyst PRO, came within hours of the first release of 2008 annual statements from the