American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a...
Government News
Bad faith remedies designed to protect insurance consumers from unfair claim settlement practices can potentially harm consumers, warns a new...
Six insurance companies, some participating in the Insure Louisiana Incentive Program, want to assume 46,898 policies from the Louisiana Citizens...
A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating...
Although the staff of Texas Sunset Advisory Commission recommended earlier this year that the Office of Public Insurance Counsel (OPIC),...
The Montana State Fund lost about $26 million in late September when the stock market plummeted, a fund spokesman said....
European insurance shares rose sharply on Thursday, as Dutch insurer Aegon announced steps to boost capital and reduce risk, while...
The Paducah, Ky. City Commission agreed in principle to rent dump trucks to haul away debris from Hurricane Ike’s September...
The chairman of the Securities and Exchange Commission on Wednesday urged the U.S. Congress to act now to provide oversight...
Citigroup Inc. and Wells Fargo & Co. agreed to extend their legal standstill for two more days as they scrambled...