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Action on MBIA, Moody's said, reflects the firm's limited financial flexibility and impaired franchise, as well as the substantial risk within its portfolio of insured exposures and a movement toward

Next month will see a spate of congressional focus on insurance regulatory issues as both houses plan some action before departing on an extended summer vacation and returning for a brief fall session

The California Department of Insurance has given its approval for the Doctors Company medical malpractice insurer to acquire federal probe target SCPIE Holdings Inc. after the state Attorney General's

Fireman's Fund will lower homeowners insurance rates in California by 17.9 percent after negotiations with the state's Insurance Department. The decrease is over three times greater than the percentag

Howard Goldblatt, governor affairs director for the coalition, said legislatures around the country were focused on economic issues this session, and that may have impacted the time available to focus

Mississippi trial lawyer Richard "Dickie" Scruggs, who brought major class actions against property insurers after Hurricane Katrina, was sentenced today to five years in prison for conspiring to brib