News

Investors and rating agencies reacted negatively to disclosures by American International Group about a derivative portfolio, which included the revelation that its auditors gave the thumbs down to

In his signed article, Rep. Kanjorski said the problems faced by bond insurers pointed out the "real need" for better regulation of bond insurers--a need that might be best served by an optional

New Jersey's top auto insurer is dropping its rates for the second year in a row, bucking a trend among some of the largest carriers who have requested premium increases or taken no action, according

New York Insurance Superintendent Eric Dinallo's office, while revealing today that troubled bond insurer Financial Guaranty Insurance Corp. has applied to split into two companies, was short on speci

Yesterday the National Conference of Insurance Legislators said there is "no room" for an optional federal charter and it will propose a resolution opposing OFC legislation in Congress (The National I

Insurers, he said, are challenged by climate change "in myriad ways--the property coverage damage and mortality losses that arise from natural catastrophes, as well as the exposure that continues to gr