New York News

METLIFE IPO

In its much ballyhooed initial public offering, Metropolitan Life Insurance Co., the number two U.S. insurer, raised $2.88 billion—less than...

RESIGNATION CALL

Large investors, angry over the plunging value of Conseco shares, are calling for Chairman Stephen Hilbert’s resignation. Over the last...

SUPERIOR DELISTING

Superior National Insurance Group has voluntarily withdrawn its listing on the Nasdaq National Stock Market. Superior National does not meet...

Munich Re Under Fire in New York

New York state is considering possible action against German reinsurer Munich Re’s U.S. unit American Re over Holocaust-era insurance policies....