News

Sellers of insurance on bonds issued by bankrupt Lehman Brothers Holdings Inc. are now likely to face demands that they... Read More

As finance chiefs gathered in Washington D.C. this weekend to work out what went wrong with the world economy, the... Read More

American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a... Read More

Bad faith remedies designed to protect insurance consumers from unfair claim settlement practices can potentially harm consumers, warns a new... Read More

The AIG has been a settled part of the insurance scene for as long as I have been watching it.... Read More

Standard & Poor’s Ratings Services has revised its outlook on Sedgwick CMS Holdings Inc. to stable from positive, and has... Read More

The Department of Homeland Security’s United States Fire Administration (USFA) issued a special report, part of its Topical Fire Report... Read More

A fire aboard the nuclear-powered USS George Washington aircraft carrier resulted from a failure to properly store hazardous materials and... Read More

The five-year period spanning from 2003-2007 served the homeowners insurance line favorably after the dismal 20-year period that preceded it,... Read More

American International Group Inc. (AIG) chairman and CEO Edward M. Liddy sent a letter today to U.S. Treasury Secretary Henry... Read More