News

The U.S. Food and Drug Administration has sped up the approval process for new drugs since pharmaceutical firms began to... Read More

Anticipating a surge in troubled financial institutions, federal regulators will increase by 60 percent the number of workers who handle... Read More

A.M. Best Co. has withdrawn the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” and assigned... Read More

American International Group Inc., the world’s largest insurer, has filed a complaint in New York Supreme Court against former Chief... Read More

Citigroup has agreed to pay Enron Corp creditors $1.66 billion as the final part of a settlement of a lawsuit... Read More

Major floods that struck America’s heartland last week offer a preview of the spring seasonal outlook, according to the National... Read More

Standard & Poor’s Ratings Services has revised its CreditWatch on Financial Guaranty Insurance Co. (FGIC, rated ‘A’) and holding company... Read More

Standard & Poor’s Ratings Services said that 2008 could see an overall improvement in insurance-industry enterprise risk management (ERM) scores.... Read More

A new study on tort reform by a business-backed institute “proves tort reform does not work,” according to the association... Read More

The Bush administration said it recognizes the seriousness of the potential shutdown of ocean salmon fishing off Oregon and California... Read More