The nation’s bank holding companies increased their total insurance revenue 9.5 percent to $23.7 billion in the first half of...
National News
The Securities and Exchange Commission should get more power to police credit derivatives even though it failed to use its...
W. R. Berkley Corp. reports the formation of Berkley Professional Liability, LLC. BerkleyPro will offer professional liability products, including directors...
Mercury Casualty Co., the largest insurance subsidiary of Los Angeles-based Mercury General Corp., has agreed to buy Auto Insurance Specialists...
Wells Fargo & Co., which has agreed to buy Wachovia Corp., asked a federal court to void Citigroup Inc.’s earlier...
U.S. law firms, anticipating a huge rise in lawsuits and other legal work spurred by the economic crisis, are creating...
Its former chief executive officer, Maurice “Hank” Greenberg, says American International Group (AIG) should renegotiate the terms of the $85...
The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American...
The head of a U.S. congressional finance panel said Monday he would seek to regulate the fast-growing $55 trillion credit...
American International Group Inc.’s shares fell 15 percent on Friday amid mounting liquidity concerns after the insurer drew on $9...