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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

Mr. Ziegler in his new role is responsible for the daily operations of the firm, including sales, marketing, client solutions, underwriting, accounting, claims and program management, the company said

Allstate in April had sought a stay of the rate cuts, but it was denied by Superior Court Judge Peter Busch in San Francisco, and Mr. Poizner called the ruling "a $250 million victory for consumers in

Interpreting the Age Discrimination in Employment Act of 1967, the court held that an employer bears "both the burden of production and the burden of persuasion" for the "reasonable factors other than

"Relative to a year ago when the company was at a trading value disadvantage compared with the major primary companies, Assured's successful negotiation of the nonprime RMBS [residential mortgage back

The firm advised policyholders to immediately give notice to their insurance companies of any impact due to the tomato recall, regardless of whether there will ultimately be a claim, to avoid noncover