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WASHINGTON--The financial troubles that mortgage finance company Freddie Mac revealed yesterday have been caused in part by the shaky condition of monoline mortgage insurer Financial Guaranty Insurance

Currently Nationwide said it owns all of the outstanding NFS Class B common stock, which represents 66.3 percent of the equity ownership, and 95.2 percent of the combined voting power of the sharehold

Asset-driven losses and market volatility are increasing pressure on insurance carriers' earnings, with profitability increasingly dependent on technical earnings rather than investment gains, accordi

Asset-driven losses and market volatility are increasing pressure on insurance carriers' earnings, with profitability increasingly dependent on technical earnings rather than investment gains, accordi

"Despite this, the international division produced an excellent result and Benfield Corporate Risk maintained its strong new business growth.," he said. "We have made good progress with our cost savin

Researchers at the Colorado State University Tropical Meteorology Project said yesterday that this year's Atlantic hurricane season is forecast to include nine hurricanes--one more than the team's June