News

American International Group, Inc. (AIG) confirmed today that it has reached settlements with nine states and the District of Columbia... Read More

New York authorities are suing 26 banks and two accounting firms that did business with Countrywide Financial Corp., saying the... Read More

A high-ranking attorney for General Electric Co. can go ahead with her class-action lawsuit against what she calls the “very... Read More

Addressing rollover safety, the government last week proposed that new cars and trucks undergo new tests to measure the strength... Read More

As adjusters seek ways to increase profits, reduce loss and retain customer loyalty, many are turning to advancements in claims... Read More

Shares of bond insurers rose sharply Thursday on hopes the sector could receive support from a possible bailout orchestrated by... Read More

The Bush administration wants to limit the situations where drug companies can change warning labels when they know of unsafe... Read More

Standard & Poor’s Ratings Services has withdrawn its ‘BB+’ rating on Concord Re Ltd.’s $365 million bank loan. The company... Read More

The House of Representatives passed H.R. 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett... Read More

Shares of MGIC Investment Corp. plummeted more than 30 percent, striking a 15-year low, after the nation’s largest mortgage insurance... Read More