It may be necessary to raise the National Flood Insurance Programs borrowing authority to as high as $30 billion to cover claims resulting from Superstorm Sandy, state insurance regulators fear.

It may be necessary to raise the National Flood Insurance Programs borrowing authority to as high as $30 billion to cover claims resulting from Superstorm Sandy, state insurance regulators fear.

Calling the accusations worthy of an Oliver Stone movie, a federal district court judge in New York today dismissed a lawsuit brought by former American International Group chief executive Maurice Hank Greenberg against the Federal Reserve Board regarding the Fed's rescue of AIG in 2008.

Calling the accusations worthy of an Oliver Stone movie, a federal district court judge in New York today dismissed a lawsuit brought by former American International Group chief executive Maurice Hank Greenberg against the Federal Reserve Board regarding the Fed's rescue of AIG in 2008.

The Obama administration will ask Congress to raise the National Flood Insurance Programs borrowing authority to $25 billion, according to sources.

The Obama administration will ask Congress to raise the National Flood Insurance Programs borrowing authority to $25 billion, according to sources.

Members of the Senate Banking Committee and a property and casualty trade group took issue Wednesday with new international capital standards that U.S. regulators are considering for regulating systemically significant insurance companies as well as insurers that operate savings and loans.

Members of the Senate Banking Committee and a property and casualty trade group took issue Wednesday with new international capital standards that U.S. regulators are considering for regulating systemically significant insurance companies as well as insurers that operate savings and loans.