business - "insurance"

The Belgo-Dutch banking and insurance group drew criticism from shareholders over plans to shore up its finances following a placement of new stock that raised ?1.5bn ($2.4bn)

SAN FRANCISCO (MarketWatch) -- Bond insurer MBIA Inc. is selling municipal bonds to raise cash to meet payments that were triggered by its recent downgrade by Moody's Investors Service, The wall street Journal reported late Friday in its online edition. A person familiar with the matter told the newspaper that MBIA's asset management unit was recently in the market selling at least $500 million worth of municipal bonds. Most of the bonds were reportedly sold at a profit. MBIA said last week that it may need about $2.9 billion to meet potential termination payments under guaranteed investment contracts following Moody's downgrade of MBIA insurance Corp. to A2 from Aaa last Thursday. The bond insurer also estimated that it will be required to post about $4.5 billion in eligible collateral to satisfy potential collateral posting requirements under contracts. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more informati

Employers located in the 22 Missouri counties declared major disaster areas Wednesday by President George W. Bush will have an extra 30 days to file their quarterly unemployment insurance tax reports due to the flooding and severe weather along the Missouri and Mississippi rivers.

Confused.com, a home insurance price comparison service, has launched a new overseas home insurance service through Hiscox insurance. The new product allows customers to insure their holiday homes without the stress of foreign insurance brokers and unfamiliar legal systems.

American International Group Inc said it planned to absorb up to $5 billion on losses of sales of investments from a dozen insurance units hit by the subprime meltdown, Bloomberg News reported on Friday.

An attorney and accountant have been charged with participating in a 'rent-a-patient' scam described by authorities as the largest medical insurance fraud case in the nation. Roy Chester Dickson, 60, of Yorba Linda and Andrew Robert Harnen, 54, of Rosemead...

Whether you drive like Mario Andretti or Mr. Magoo, you can get auto insurance. Here are your resources.

Insurance Information Institute says one-third of all homeowners liability claims last year were for ferocious fidos.

Wimbledon is in full swing, and many parents and children are taking to the streets outside their homes to emulate their heroes and enjoy a little tennis action. The problem however, is that our serve and volleys are rarely as accurate as the likes of Federer and Sharapova, leaving us to count the cost of broken windows and other accidents. Home insurance claims for accidental glass breakage rose by around a fifth last June compared to January's data with homeowners in Birmingham and Solihull proving the most likely to make a claim.

Richard “Dickie” Mr. Scruggs, who built his career by taking on tobacco, asbestos and insurance companies, sentenced to five years in prison for conspiring to bribe a judge