The head of a U.S. congressional finance panel said Monday he would seek to regulate the fast-growing $55 trillion credit...
Economy News
As finance chiefs gathered in Washington D.C. this weekend to work out what went wrong with the world economy, the...
A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in...
Standard and Poor’s (S&P) Ratings Services raised its rating for Fireman’s Fund Insurance Co. from “A+” to “AA-.” S&P noted...
HSBC Insurance Brokers Limited announced that it has established a branch office and received regulatory approval from the Qatar Financial...
The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller...
American International Group’s meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance...
A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating...
Allowing Lehman Brothers to fail last month was a major mistake for the equilibrium of the global financial system, French...
The five-year period spanning from 2003-2007 served the homeowners insurance line favorably after the dismal 20-year period that preceded it,...