Markets

Automaker Hyundai said it is offering a program, said to be unique in the United States, that will allow consumers to return cars and cancel their auto loans if they lose their jobs or experience any

The idea of resurrecting the New York Insurance Exchange, floated last year by the New York Insurance Department and New York Gov. David Paterson, has not been sunk by the financial meltdown and

In a January report on the airline insurance market, Chicago-based Aon reported that lead hull and liability premiums rose 5 percent during the month of December with almost all end-of-year renewals

Economic malaise for housing, commercial building may keep market

With the looming prospect of nearly $2 billion in professional liability claim payments, fallout of an alleged Ponzi scheme orchestrated by Bernard Madoff, insurers will likely embark on more careful

NEW YORK--The property-casualty industry is entering an "invisible hard market," with the bottom-line benefits of rising prices undermined by disappearing exposures in a contracting economy, the head

"Today we face a transformational moment," said Rep. Rosa DeLauro, D-Conn., chief sponsor of the Paycheck Fairness Act. "With a new Congress, a new administration, we have a chance to finally provide

Delivering bad news for directors and officers liability insurers who cover defendants in securities suits, studies show the number of class actions jumped 19 percent in 2008, and that large