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The agencies issued a joint proposal detailing potential substitutes for credit ratings in setting capital minimums, but officials warned that Congress' decision to eliminate them from the supervisory process may be a mistake.
August 10 -
The number of IT services deals rose 14% from Q1 to Q2.
August 10 -
John Kim will replace Gary Wendlandt, the current vice chairman and CIO, who plans to retire at year-end.
August 10 -
The Treasury released a comprehensive report on how it has unloaded warrants in more than four dozen lenders that have repaid the Troubled Asset Relief Program.
August 10 -
Carriers developing mobile applications to educate, entertain consumers.
August 10 -
All four rating agencies react to CNAs issuance of $500 million in senior unsecured notes; GEICO and Nationwide ratings affirmed, and State Auto Nationals ratings placed under review with negative implications.
August 10 -
Company plans to benefit from resulted expanded products, agency network.
August 10 -
Realized capital gains totaled $82 million for 2009, compared with $1.2 billion of realized capital losses in 2008, A.M. Best says.
August 9 -
Technology may some day enable cars to sense danger and avoid it, but how will this affect auto insurance?
August 9
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Despite the GAO's skepticism, AIG's CEO says he expects to fully repay the bailout, and has commenced discussions with the government on the process and terms of a complete exit.
August 9 -
Industry says ongoing federal backstop is necessary to keep market functioning.
August 9 -
The financial crisis laid bare the flaws of the credit rating agencies, raising doubts about the agencies' objectivity in evaluating debt issuers that helped to fund their operations.
August 9 -
Support for the companys encryption program, CipherEngine, is designed to help simplify compliance with industry regulations.
August 9 -
The Blackberry Enterprise Server automatically captures messages sent from employees Blackberries and stores them for personal and company record.
August 9 -
V3 Insurance Partners will use AgencyPortal to launch its V3 Internet Workers Compensation product.
August 6 -
MarketStance says following the recent recession, insurers have an opportunity to grow if they take a proactive approach through marketing, underwriting and economic forecasting.
August 6 -
Employing business transaction management practices is a good starting place.
August 6
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Law curtails regulator's powers, requires radical transparency.
August 6 -
Already renowned for its high levels of customer service, USAA continues to innovate in sales and distribution.
August 6 -
Moody's expects U.S. P&C insurers will either raise prices or experience continued pressure on underwriting profitability as reserve releases taper off.
August 5