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Maiden Lane III (MLIII), a financing entity created by the Federal Reserve Bank of New York, it was explained was designed to purchase Multi-Sector credit debt obligation (CDO) exposure on which Ameri

Property-casualty insurers are doing slightly better in their dealing with agents, according to a new report from a firm that advises carriers on how to make it easy for their agents to work with them

"The convergence of several negative economic influences has resulted in unprecedented financial pressure on insurance carriers," said Karen Pauli, a research director in the TowerGroup Insurance prac

Emerging market economies saw the volume of non-life insurance premiums increase by 11.6 percent last year, while the Islamic insurance sector grew by 25 percent, according to new research from Swiss

Rates for North Carolina home policyholders with Beach Plan, the state's insurer of last resort, are being jacked up to better the Beach Plan's ability to deal with major loss events, plan officials w

Former American International Group Chairman Maurice Greenberg has asked the current chairman Edward Liddy where a new, multisector, credit default swap financial venture got $35 billion in cash colla