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Rep. Melissa Bean, D-Ill., and Rep. Ed Royce, R-Calif., chief sponsors of the measure, said the bill would be different from prior drafts because it would call for tough protections for consumers and

In tough economic times like these, people do what they have to do to put bread on the table, and inevitably some of those people turn to criminal activity as a source of income. What does that mean

The job cuts were revealed as the Bermuda-based company reported a $1.4 billion loss for fourth-quarter 2008, or $4.36 per share. For the full year, the net loss totaled $2.6 billion, or $11.02 per

Fitch, which previously moved its rating outlook for most insurance regions and sectors globally to "negative" throughout 2008, said downgrades should be limited to one or two notches in the vast

The firm's statement follows an announcement that Oldwick, N.J.-based A.M. Best rating firm will be probing deeper into companies' data quality to assess their risk management processes and the

Elizabeth Malone, a senior vice president with Wunderlich Securities, Memphis, Tenn., said that despite moves to assert more federal controls, state regulation of insurance is here to stay. She also