Its one of the peculiar realities of business: two parties can spend years aiming for one anothers jugular vein and end-up partnering when they find cooperation is in the best interest.

In the wake of Superstorm Sandy, insurers in New Jersey will be required to add a summary sheet to homeowners policies issued to consumers.

In the wake of Superstorm Sandy, insurers in New Jersey will be required to add a summary sheet to homeowners policies issued to consumers.

In its first earnings conference call since ending litigation with banks over the insuring of structured financial instruments this week, MBIA Inc. executives breathed a huge sigh of relief and spoke about a reinvigorated future for the guarantee insurer.

In its first earnings conference call since ending litigation with banks over the insuring of structured financial instruments this week, MBIA Inc. executives breathed a huge sigh of relief and spoke about a reinvigorated future for the guarantee insurer.

Just when it looked like bond insurer MBIA was on the ropes it came through with a settlement that is getting the thumbs up from industry observers.

Just when it looked like bond insurer MBIA was on the ropes it came through with a settlement that is getting the thumbs up from industry observers.

This years April storm losses were significantly lighter than the past two years when record number of tornadoes touched down in the U.S. causing billions of dollars in damage, according to Aon Benfield.