"After conducting a comprehensive search, I am delighted that our board has selected David," Mr. Callen said. "David is a strong leader who has had the opportunity to review and manage Ambac's insured

WASHINGTON--The second highest ranking member of the House Financial Services Committee issued a letter today assailing American International Group for holding lavish meetings while needing a federal

Under its contract with the IDA, an arm of the World Bank that helps poor countries, Swiss Re said it will pay up to $5 million in the event that Malawi's farmers suffer from a drought-related shortfa

While the insurance industry is seeing some fallout from the recent economic crisis, two industry analysts predict that IT budgets here and abroad will feel little effect from such events. NU's Ara Tr