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Fitch Ratings said today that despite infusions of capital, the "AAA" ratings of Armonk, N.Y.-based MBIA Inc. and the bond insurer's financial guaranty subsidiaries were being placed on Rating Watch N

Fitch Ratings said today that despite infusions of capital, the "AAA" ratings of Armonk, N.Y.-based MBIA Inc. and the bond insurer's financial guaranty subsidiaries were being placed on Rating Watch N

Many of the questions revolved around the issue of profits, and whether the Hartford was seeking to make an excessive profit with their Florida rates. Specifically, members of the committee noted repe

HARTFORD, CONN.--An attorney hired for an American International Group internal investigation of a disputed 2000 General Reinsurance deal that prosecutors charge was a sham to help artificially bolster

Insurance premium prices moderated a bit in January, with a slight increase in directors and officers coverage and other professional liability lines in reaction to the subprime crisis, according to a

The company reported that consolidated net income in the fourth quarter compared to the same period in 2006 was down by $198 million to $101 million. Earnings per share dropped $18.15 a share to $9.55