Regulation & Compliance
S&P Explains Rating Evaluation Of Insurer Governance, Management Strategy
As insurers seek to compete in the challenging global economy, key strategic decisions are critical to striking a balance between growth, profitability, and risk. A combination of slow global ...
Pfizer’s Gets Celebrex Patent Extended, Sues Generic Makers
U.S. regulators granted Pfizer Inc. a reissued patent on its multibillion-dollar Celebrex pain drug that extends its marketing exclusivity until early December 2015, the company said on Tuesday. That ...Bankinter, Apollo team up for Generali’s BSI: Sources
Spain's Bankinter has joined forces with U.S. investment fund Apollo Global Management to bid for Italian insurer Generali's Swiss private bank BSI in a deal worth up to 2 billion euros ($2.6 ...FDA Launches Series of Meetings on Food Safety Proposals
The U.S. Food and Drug Administration kicked off a series of public meetings last Thursday to explain its proposed new rules for improving the safety of the nation's food supply— and gain feedback ...Ex-NY Ins Supt. Dinallo’s OK Of MBIA ’09 Split Was ‘Not Arbitrary,’ Court Rules
MBIA Inc. on Monday won the dismissal of a lawsuit by Bank of America Corp. and Societe Generale SA challenging its 2009 restructuring, sending the bond insurer's shares up 24 percent. New York ...
Crop Insurers Upbeat Despite Drought Conditions, Underwriting Losses: Fitch
Multi-peril crop insurance represents a very modest portion of U.S. property/casualty insurance industry revenues. However, this segment has garnered considerable attention as scorching summer heat ...As Energy Boom Nears Cities, A Backlash Grows
Colorado regulators grappling with a historic energy boom that's pushing oil rigs to the very doorsteps of suburban schools and homes were among the first in the nation to require companies to ...EU Strikes Deal To Cap Banker Bonuses
Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels on Thursday to introduce strict new curbs. Politicians hope the move will address public anger at ...