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SEC Launches Tower Group Investigation

Tower Group International’s situation has taken another turn for the worse, with news that the U.S. Securities and Exchange Commission is now investigating the struggling Bermuda insurer and ...
European flags

European Insurers Balk About New Risk Rules

Insurers in Europe, which manage about 8.5 trillion euros ($11.2 trillion) of client money, say their role as long-term investors may be hurt by new regulation. Planned new risk-based rules for ...
government regulations

Is FIO About to Step Into Data Collection?

The Federal Insurance Office (FIO) has taken a step toward fulfilling one of its obligations under the Dodd-Frank Act—a step that may ultimately have significant implications for auto insurers. ...
Napa Valley sign before you enter Napa Valley in Autumn

Napa Quake Making Municipal-Bond Investors Nervous

Municipal-bond investors are trading a record amount of debt from Napa County, California, in a sign that some may be concerned about damage from the strongest earthquake to hit the wine-growing area ...
Maurice R. Greenberg

Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward

A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...