Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company,...
Government News
American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators...
Natural and man-made catastrophes topped the list of the most significant events in 2010, with three major earthquakes, a near...
During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group...
U.S. health insurance companies that want to increase premiums by 10 percent or more next year would face tougher government...
Accounting firm Ernst & Young was sued by New York prosecutors over allegations it helped to hide Lehman Brothers’ financial...
The ailing U.S. food safety system moved closer Tuesday toward its biggest overhaul in more than 70 years after the...
Wisconsin Insurance Commissioner Sean Dilweg announced a regulatory settlement with Time Insurance Co., a health insurer headquartered in Milwaukee, that...
An Oklahoma state representative says he’s prepared to introduce legislation to further improve the state’s workers’ compensation system. Rep. Mark...
Jim Millstein is no stranger to troubled companies. With a long career as a bankruptcy lawyer and former head of...