eLynx, a portfolio company of American Capital Strategies Ltd. and provider of a secure electronic document communications network for the financial services industry, announced the newest release of
Under an agreement announced today, the Armonk, N.Y.-based bond insurer will pay a $50 million penalty to the Securities and Exchange Commission, $10 million to investors and $15 million in penalties
Although U.S. District Court Judge L.T. Senter Jr. threw a monkey wrench into the controversial State Farm settlement of Hurricane Katrina claims on Friday, mainly complaining about plaintiff
Should State Farm have paid off the Katrina claims of political big wigs regardless of merit to avoid drawing their wrath in the courts, the media and Congress? In today's blog entry, NU Editor In
The Independent Insurance Agents of Texas released the results of its study yesterday that said resolving the Texas Windstorm Insurance Association crisis and remedying inadequate state laws should be
The findings were reported by the Boca Raton, Fla.-based National Council on Compensation Insurance, which reported that on average, younger workers have more frequent comp injury claims, while older
In her new position, Ms. Pierce will report directly to Brian Cohen, Clear Technology chief executive officer and president, the company said. She will be responsible for the strategic direction, oper
WASHINGTON--Julie Rochman, a longtime spokesperson and senior vice president for the American Insurance Association, is leaving the trade group to join a lobbying, public relations and advertising grou
WASHINGTON--Julie Rochman, a longtime spokesperson and senior vice president for the American Insurance Association, is leaving the trade group to join a lobbying, public relations and advertising grou
MBIA management, having just paid $75 million to settle accounting irregularities with state and federal agencies, said today they expect no further enforcement actions despite an ongoing examination