U.S.
Regulators Eye Global Guidelines for Financial Crimes and Punishment
Crooked bankers and insider traders would have no safe havens under planned global guidelines for market-abuse penalties, amid concerns some countries don't have strict enough rules. Culprits should ...
MetLife: Lack of Auto, Home Insurance Sales ‘Ridiculous’
MetLife Inc., the largest U.S. life insurer, is pushing agents to sell more car and residential coverage after the head of the company's main retail business said they've been missing an opportunity ...
Insurers Shift Bets With Uncertainty Over Fed Tapering: BlackRock
BlackRock Inc., the world's largest asset manager, said uncertainty about when the Federal Reserve will begin to slow its monthly bond purchases undermined insurers' confidence about investing in ...
AIG Said to Plan $1 Billion Sale of 10-Year Unsecured Bonds
American International Group Inc., the insurer that paid back a $182.3 billion bailout package last year, is planning a $1 billion sale of 10-year notes. The New-York based company may issue senior ...
What Rising U.S. Boat Sales Say About the Economy: EcoPulse
More Americans took to the water in new boats this summer, often buying smaller, less expensive models, as the industry is showing signs of a recovery. Purchases of powerboats -- which include ...
Boat Owners, Insurers Testing Waters of ‘Sharing Economy’
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there's the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly ...
ProAssurance to Acquire Workers’ Comp Specialist Eastern Holdings
Medical professional liability insurer ProAssurance Corp. (NYSE: PRA) said it is acquiring monoline workers' compensation insurer Eastern Insurance Holdings Inc. (NASDAQ: EIHI) in an all-cash ...
Brookfield, AIG End Lawsuit Tied to 2008 Collapse
American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge's ruling that the insurer's collapse triggered default ...