NEW YORK--The cost of federal securities class action settlements this year is averaging $80.3 million, and the number of suits filed this year is expected to exceed last year by more than 33 percent,

Mr. Perkins and other professionals presented arguments designed to convince insurance company representatives in the audience that they should not shy away from underwriting New Orleans construction.

The head of a U.S. reinsurers' organization, reacting to New York's proposed regulation easing the collateral requirement for foreign reinsurers, said today the group is against state-by-state reinsur

In 1999, Martin Frankel defrauded seven life insurance companies of more than $200 million through the theft of investment assets. The jewelry was purchased by one of Mr. Frankel's co-conspirators who