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Without hoped-for aid from Washington, the bond insurer MBIA is restructuring itself to regain a triple A rating.
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WellPoint Inc., the nation's largest health insurance company, will pay $10 million to resolve New York allegations it participated in an industry-wi
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Two U.S. senators are poised to introduce legislation that would effectively do away with the state-based system of insurance regulation.
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New York Attorney General Andrew Cuomo has added another major health insurer to his efforts to create a new, non-profit database to determine out-of
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NEW YORK—Valiant Insurance Group Inc. on Wednesday said it has established Valiant Specialty Insurance Co., an excess and surplus lines insurer for i
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MONTPELIER, Vt.—Organizations that set up captives in Vermont this year and next would receive a one-time $7,500 credit to offset their premium taxes
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MIAMI (Reuters)—A Florida jury awarded $8 million on Wednesday to the widow of a smoker whose death was caused by his addiction to cigarettes in what
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General Motors Corp.'s U.S. pension assets plunged to $84.2 billion as of Dec. 31, making its two plans combined 87% funded, vs. 124% funded a year e
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