New York Gov.’s Budget Details Banking, Insurance Regulation Merger February 24, 2011 New York Gov. Andrew Cuomo’s proposed state budget contains slightly more money for the new agency he wants to create...
Another Federal Judge Dismisses Suit Against Healthcare Mandate February 24, 2011 By Nedra Pickler A federal judge this threw out a lawsuit claiming that President Barack Obama’s requirement that all Americans have health insurance...
ACE USA Appoints Hurley, Kubursi in New York Region February 24, 2011 ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Andrew Hurley as chief operating officer of...
Virginia Insurer Buys Amphitheater Naming Rights February 24, 2011 The Virginia Beach, Va. amphitheater has a new name. Multiple media outlets reported the music venue has been renamed Farm...
Florida Insurers, Businesses Take Aim at PIP Fraud February 24, 2011 By Michael Adams Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of...
New York Suit Against Accountant Over Lehman Takes Detour February 24, 2011 By Dena Aubin New York state regulators face their first test soon in their accounting fraud lawsuit against Ernst & Young LLP over...
New Zealand Estimates Quake Toll at 98, Many More Missing February 24, 2011 By Adrian Bathgate New Zealand rescuers said on Thursday they held grave fears for more than 200 people still missing as the death...
RBS Recovery Undermined by Irish Losses February 24, 2011 By Steve Slater and Sudip Kar-Gupta Royal Bank of Scotland’s high bad debt charges in Ireland and a drop in investment banking income overshadowed the bank’s...
European Insurers Dogged by Fresh Capital Fears February 24, 2011 By Jonathan Gould and Myles Neligan A bumper equity issue from Aegon and a disappointing dividend from Allianz stirred fresh fears about European insurers’ capital strength...
Investors Watching How AIG’s Chartis, SunAmerica Perform February 24, 2011 By Ben Berkowitz Bailed-out insurer American International Group Inc. could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the...