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Allstate Chairman, President and CEO Thomas J. Wilson said the insurer "plays an important role in serving millions of Americans who rely on us for common-sense solutions to help them protect their as

Allstate Chairman, President and CEO Thomas J. Wilson said the insurer "plays an important role in serving millions of Americans who rely on us for common-sense solutions to help them protect their as

An over-reliance on financial models used in securitizing mortgage risks and a failure to question basic assumptions played a role in the subprime crisis, an expert panel advised a recent meeting of a

The New York Insurance Association said it is opposing a provision in Governor David Paterson's preliminary deficit reduction package that would add $140 million in assessments for New York domestic i

A group of state legislators who focus on insurance said they are planning to hold a strategy summit with various official groups to plan opposition to any federal involvement with insurance regulatio

American International Group (AIG) said that nearly $10 billion in cash settlement swaps sold as credit protection on "synthetic" securities can be resolved under existing arrangements with the Fed an