New York state's financial regulator said on Monday that it had licensed the first-ever mutual municipal bond insurer, which expects to start underwriting small deals later this year.
New York state's financial regulator said on Monday that it had licensed the first-ever mutual municipal bond insurer, which expects to start underwriting small deals later this year.
The drought ravaging America's prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than to trying to save them.
The drought ravaging America's prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than to trying to save them.
Bank of America Corp has agreed to pay $375 million to settle a case brought by bond insurer Syncora Guarantee over toxic mortgage-backed securities at the center of the 2008 financial crisis.
Traditional reinsurance poses no threat to global financial stability, but the industry should still be closely watched because of its peripheral involvement in potentially risky activities, regulators said on Wednesday.
Traditional reinsurance poses no threat to global financial stability, but the industry should still be closely watched because of its peripheral involvement in potentially risky activities, regulators said on Wednesday.
U.S. wireless carrier Sprint said on Thursday it will move into the hot market for tracking technology that lets auto insurers monitor how, where and when their customers drive.
U.S. wireless carrier Sprint said on Thursday it will move into the hot market for tracking technology that lets auto insurers monitor how, where and when their customers drive.
New York State's highest court could hear securities fraud charges against former American International Group chief Maurice "Hank" Greenberg and the insurance company's former chief financial officer, Howard Smith.