MetLife Chief Executive Officer Steven Kandarian has lobbied to avoid the extra oversight and called regulatory uncertainty the primary challenge to meeting profit targets.

INN celebrated its Women in Insurance Leadership award winners at a celebration in Chicago on October 20 and 21.

The cross-industry alliance will provide a platform for insurers, financial services companies and others to share resources, information and intelligence to fight fraud.

Integration of four subsidiaries helps company de-risk its variable annuity business.

To keep subsidies intact, Delaware officials are contemplating a technical work-around, while Illinois’ outgoing governor is seeking to push through a legislative fix in the final months of his term.

Paulson reportedly ended his investment by Sept. 30; Genworth has declined 40 percent since reporting a third-quarter loss of $844 million on November 5.

AIG’s largest shareholder before the bailout, claims shareholders were cheated in the deal by the 14 percent interest paid on the loan and a requirement to surrender 80 percent of the company’s equity.

The board voted for the loan deal after exhausting private- sector lifeline possibilities that included discussions with Warren Buffett, Jay Fishman of Travelers Cos. and J.C. Flowers & Co., Willumstad said.

IT organizations still years away from essential data management and analytics capabilities.

As the private exchange market continues to expand, further mergers and acquisitions are expected.

The council today also heard a presentation from the Commodity Futures Trading Commission on activity in the Treasury futures market the morning of Oct. 15, the Treasury Department said in a statement.

Subsidiaries American Life Insurance Co. and Delaware American Life Insurance Co., solicited business in New York without a license and made misrepresentations to the state watchdog, according to the Department of Financial Services.

Once a given, the adoption of a single set of accounting standards for the insurance industry is on hold.

The measure is calculated by dividing total qualifying capital resources by required capital at group level, defined by applying 15 factors to different types of activities such as life insurance or banking activities.

The government-managed insurer, based in Sacramento, is working to build credibility with institutional investors to expand its borrowing capacity.

Combining Perspecsys Cloud Data Protection and ClaimVantage Claims Processing provides insurers with a secure infrastructure for claims automation.

Federal health insurance exchange's performance should reflect major improvements over last year

Starr alleges in its shareholder suit that the U.S. didn’t have the authority to demand 80 percent of AIG’s equity in consideration for a loan and didn’t pay a fair price for the stock it took.

Starr International claims the government illegally took equity in the insurer, and that the 14 percent on an $85 billion rescue loan was an “extortion rate.” Starr is seeking at least $25 billion in damages.

Geithner is scheduled for a third day of testimony and will be followed by another architect of the bailout, Ben Bernanke, the former chairman of the Federal Reserve Board of Governors.