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New York Gov. David A. Paterson said today he will seek legislation making permanent the law setting requirements for the mental health care that must be provided by group or school health insurers.

In response to the New York insurance superintendent's inquiry into its derivatives activities prompted by its CEO's recent op-ed article, Allstate has provided an affidavit showing that it has been operating with full knowledge and approval of the state.

American International Group said last week that despite the ongoing investigations by federal authorities, they know of no illegal activity by the company's controversial financial products unit.

American International Group said today that despite the ongoing investigations by federal authorities, they know of no illegal activity by the company's controversial financial products unit.

N.Y. Insurance Superintendent Eric Dinallo has begun an inquiry into whether Allstate Corporation engaged in illegal participation in unregulated insurance markets, after the insurer's CEO wrote an opinion piece calling for federal regulation.

In response to the New York insurance superintendent's inquiry into its possible illegal participation in unregulated insurance markets, Allstate has provided an affidavit that it is operating legally.

As a one-year mandatory medical malpractice rate freeze is set to expire at the end of June, interested stakeholders wait to see if state leaders will come up with a plan to address the state's worsening market.

A New York inquiry into Allstate operations, provoked by statements in an article written by the firm's chief executive, has sparked some fiery words of controversy.