business - "insurance"

MBIA insurance is suing Countrywide Financial, alleging that the mortgage lender fraudulently induced MBIA to guarantee billions of dollars of countrywide mortgage bonds that have cost the embattled bond insurer more than $459m

American E&S insurance Brokers has appointed Frank Cardoso senior vice president and broker in its Fresno, Calif., branch. Most recently serving as president of

When banks were flush, most of them paid nothing for a golden government guarantee. Bank failures were so rare that, for a decade, the Federal Deposit insurance Corp.

The crisis over the Bush administration's $700bn financial rescue plan came closer to being resolved as support grew on Capitol Hill for a compromise package that would include tax breaks and increase federal insurance for bank accounts

Last week I talked a little bit about VIX Options as Catastrophe insurance and...

British insurance broker Willis Group Holdings Ltd. said Wednesday that it finished its purchase of insurance and risk management company Hilb Rogal & Hobbs Co.

Standard & Poor's Ratings services on Wednesday lowered some of its ratings for Genworth Financial Inc.'s business units following the insurer's announcement that it is exploring strategic alternatives for its domestic mortgage insurance operations, including a possible spin-off.

The property and casualty insurers may be a safe spot in financials.

NEW YORK----Willis Group Holdings Limited , the global insurance broker, said today it has completed its $2.1 billion acquisition of Hilb Rogal & Hobbs Company , one of the world's largest insurance and risk management intermediaries, in a move that doubles Willis' revenues and geographic presence in North America, and strengthens key practice areas.

Tweaks include tax incentives for businesses and rise in deposit insurance.