Regulation/Legislation

Troubled New York-based bond insurer Ambac Financial Group said its Wisconsin subsidiary, Ambac Assurance, will begin paying policy claims out of its segregated account in May.

While Florida's census numbers are interesting, the real intrigue centers on how these statistics will factor into the 2012 legislative redistricting process.

Rep. Dan Ruby used a cell phone and a sheet of paper Thursday to illustrate the North Dakota Legislature's debate about the best way to deter motorists from sending text messages as they drive.

An overview of how catastrophe models are used in the industry.

Banks fighting the split of MBIA Insurance Corp. into two companies said they submitted affidavits from four former New York insurance superintendents stating that the N.Y. State Insurance Dept. violated its duty by allowing the insurer to make the move.

Catastrophe models have become so ingrained in the insurance industry that a model revision can have profound effects on all aspects of the business, especially when loss results for some books of business can double.