Policy adminstration

Spurred by the President's pledge of reform, the House Judiciary Committee wasted no time in passing a bill to give the government resolution power over systemically important financial firms.

The deal may create a powerhouse of open-source Linux and Java software, just in time for Cisco to enter the server market.

Federal Chief Technology Officer Vivek Kundra returned to his job today, White House officials report.

In a prepared statement to Congress, AIG’s CEO Edward Liddy attributed the "cold realities of competition" to the insurer’s decision to pay $165 million in bonuses.

When implementing IT initiatives, carriers can see benefits by tapping outside help.

Senators Shelby and Dodd raised concerns over insufficient state oversight at a Senate Banking Committee hearing on Tuesday.

Celent Senior Analyst Donald Light offers a no-holds-barred commentary regarding the AIG bonus payments controversy.

The “state of the regulators’ report uses seafaring metaphors in describing the group’s progress in 2008, and updates the public on its membership and financials.

The administration plans to attach new conditions to an upcoming bailout infusion that would recover the bonuses already paid, though not from the executives who received them.

The FASB's proposals are designed to reduce the scale of other-than-temporary impairment charges, and help institutions comply with mark-to-market accounting rules for illiquid assets.

The global professional services firm reports a slight decline of 3% during the fourth quarter of 2008 compared to the same quarter a year ago.

Downgrades, withdraws and affirmations—A.M. Best announces ratings adjustments for Atlantic Insurance Co., Aviva plc, Evergreen Reinsurance Co. Ltd., Fireman’s Fund Insurance Co., United Automobile Insurance Group and UNUM Ltd.

After reporting the largest corporate loss in history, the global insurer is taking heat for paying executive bonuses contracted for before receiving TARP money.

Service intended to help insurers take proactive approach to risk to minimize loss on properties in foreclosure.

Service intended to help insurers take proactive approach to risk to minimize loss on properties in foreclosure.

After watching and waiting for the definitive direction of virtualization, the technology solution provider believes the technology is now mature enough that it cannot be ignored, says CEO.

The Obama Administration’s plan to reform oversight of financial services will emerge before March 26, says Treasury Secretary.

New York Life’s mobile service offers consumers the ability to find product information, connect directly with the “Click-to-Call,” find a New York Life office or agent and learn how to become a New York Life agent and apply online.

Senate hears testimony from insurance industry about implications for weather-related losses.

Citing Fitch downgrade as not applying to insurance and reinsurance businesses, Buffett praises GEICO.