The percentage of auto loans past due 60 days or more rose 8.9 percent in the fourth quarter of 2008,...
Economy News
American International Group Financial Products (AIGFP) employees who received retention bonuses in excess of $100,000 have been asked to return...
Standard & Poor’s Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based...
The U.S. Treasury is expected to propose within days the creation of a “systemic risk regulator,” probably the Federal Reserve,...
Investigations by The New York State Insurance Department Frauds Bureau led to 755 arrests in 2008 — a slight increase...
The number of construction jobs in Massachusetts has fallen by about 10,000 positions in the past three months to the...
The National Association of Insurance Commissioners (NAIC) has adopted a proposal to review the use of credit-based insurance scoring. The...
Barack Obama is scrambling to assure Americans he is keenly aware of public outrage over taxpayer-backed bonuses for AIG executives,...
The Association of British Insurers has published five key principles to “help ensure that regulatory reform brings real benefits for...
The world’s second-richest man, Warren Buffett, wasn’t even the highest paid employee at Berkshire Hathaway’s 19-person headquarters again last year....