U.S. bank holding companies increased their total insurance revenue by 9.5 percent to $23.7 billion in the first half of 2008, up from $21.7 billion during the same period last year, a new report

The Hamilton, Bermuda-based company reported net income dropped $173.5 million to $33 million in the quarter compared to the same period last year, translating into 42 cents a share, a loss of $2.34 a

At a board of governors meeting Thursday, Sharon Binnun, Citizens' chief financial officer, said the company has about $500 million in troubled securities currently, with their current market value to

The revised loss estimate is based on "a new post-event modeling methodology that captures the uncertainty in Ike's wind and storm surge footprint, due to the lack of observations, using an ensemble o